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OBIC Co., Ltd. Completes Treasury Share Repurchase

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OBIC Co., Ltd. Completes Treasury Share Repurchase

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OBIC Co ( (JP:4684) ) just unveiled an announcement.

OBIC Co., Ltd. has announced the completion of a treasury share repurchase, acquiring 583,500 common shares at a cost of 2,798,466,000 yen through the Tokyo Stock Exchange’s Off-Auction Own Share Repurchase Trading System. This move aims to enhance shareholder value by improving capital efficiency and allowing for flexible capital management in response to market changes.

The most recent analyst rating on (JP:4684) stock is a Hold with a Yen5500.00 price target. To see the full list of analyst forecasts on OBIC Co stock, see the JP:4684 Stock Forecast page.

More about OBIC Co

Average Trading Volume: 992,930

Technical Sentiment Signal: Hold

Current Market Cap: Yen2316.6B

For an in-depth examination of 4684 stock, go to TipRanks’ Overview page.

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