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Olympus Completes Share Repurchase and Announces Treasury Share Cancellation

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Olympus Completes Share Repurchase and Announces Treasury Share Cancellation

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An announcement from Olympus ( (JP:7733) ) is now available.

Olympus Corporation has completed a share repurchase program and announced the cancellation of a portion of its treasury shares. This strategic move, involving the repurchase of over 6.8 million shares and the cancellation of 24.6 million shares, is expected to optimize the company’s capital structure and potentially enhance shareholder value.

The most recent analyst rating on (JP:7733) stock is a Buy with a Yen2088.00 price target. To see the full list of analyst forecasts on Olympus stock, see the JP:7733 Stock Forecast page.

More about Olympus

Olympus Corporation operates in the technology industry, primarily focusing on manufacturing and selling optical and digital precision technology products. The company is known for its cameras, audio equipment, and medical devices, with a strong market presence in imaging and healthcare sectors.

Average Trading Volume: 4,235,655

Technical Sentiment Signal: Sell

Current Market Cap: Yen2137.8B

See more insights into 7733 stock on TipRanks’ Stock Analysis page.

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