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An announcement from Oji Holdings ( (JP:3861) ) is now available.
Oji Holdings Corporation has completed the repurchase of 1,303,700 treasury shares, amounting to JPY 1,059,358,660, as part of a resolution by its Board of Directors. This move is part of a larger strategy to acquire up to 100 million shares, representing 10.1% of outstanding shares, with a maximum budget of JPY 50 billion, aimed at enhancing shareholder value and optimizing capital structure.
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 sale of paper products, packaging materials, and related services. The company is listed on the Tokyo Stock Exchange Prime Market and is known for its significant market presence in the paper manufacturing sector.
Average Trading Volume: 4,259,225
Technical Sentiment Signal: Buy
Current Market Cap: Yen817.4B
For detailed information about 3861 stock, go to TipRanks’ Stock Analysis page.