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Oji Holdings ( (JP:3861) ) has shared an announcement.
Oji Holdings Corporation announced the completion of a share repurchase program, acquiring over 21 million shares at a total cost exceeding JPY 13 billion. This move is part of a broader strategy to repurchase up to 100 million shares by December 2025, reflecting the company’s commitment to enhancing shareholder value and optimizing its capital structure.
More about Oji Holdings
Oji Holdings Corporation operates in the paper and packaging industry, focusing on the production of paper products, packaging materials, and related services. The company is listed on the Tokyo Stock Exchange Prime Market and is recognized for its significant role in the global paper industry.
YTD Price Performance: 7.11%
Average Trading Volume: 800
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $4.14B
For an in-depth examination of 3861 stock, go to TipRanks’ Stock Analysis page.