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Oji Holdings Announces Strategic Share Repurchase Plan

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Oji Holdings Announces Strategic Share Repurchase Plan

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Oji Holdings ( (JP:3861) ) has provided an update.

Oji Holdings Corporation announced a resolution to repurchase treasury shares, aiming to improve capital efficiency and enhance shareholder returns as part of its Medium-Term Management Plan 2027. The company plans to acquire up to 82 million shares, with a maximum acquisition cost of JPY 50 billion, through market trades on the Tokyo Stock Exchange over the next year.

The most recent analyst rating on (JP:3861) stock is a Hold with a Yen830.00 price target. To see the full list of analyst forecasts on Oji Holdings stock, see the JP:3861 Stock Forecast page.

More about Oji Holdings

Oji Holdings Corporation operates in the paper and packaging industry, focusing on the production and distribution of paper products, packaging materials, and related services. The company is listed on the Tokyo Stock Exchange Prime Market and is known for its commitment to enhancing shareholder value and capital efficiency.

Average Trading Volume: 4,259,225

Technical Sentiment Signal: Buy

Current Market Cap: Yen817.4B

For a thorough assessment of 3861 stock, go to TipRanks’ Stock Analysis page.

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