Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Obayashi ( (JP:1802) ) has provided an update.
Obayashi Corporation’s board has approved the cancellation of 15,139,700 common treasury shares, representing 2.1% of its issued shares, which were previously repurchased under an earlier board resolution. Following the planned cancellation on January 30, 2026, the company’s total number of issued shares will be reduced to 691,811,346, a move that effectively tightens its share supply and may enhance capital efficiency and shareholder value by increasing the relative ownership stake of remaining shareholders.
The most recent analyst rating on (JP:1802) stock is a Buy with a Yen4037.00 price target. To see the full list of analyst forecasts on Obayashi stock, see the JP:1802 Stock Forecast page.
More about Obayashi
Obayashi Corporation is a major Japanese construction and engineering company listed on the Tokyo Stock Exchange Prime Market, operating primarily in building, civil engineering, and infrastructure projects in Japan and overseas.
Average Trading Volume: 3,077,855
Technical Sentiment Signal: Buy
Current Market Cap: Yen2524.5B
For detailed information about 1802 stock, go to TipRanks’ Stock Analysis page.