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Onoken Co., Ltd. ( (JP:7414) ) has shared an announcement.
Onoken Co., Ltd. has announced the acquisition of 108,800 treasury shares valued at approximately 149.8 million yen, conducted through market purchases on the Tokyo Stock Exchange. This move is part of a broader strategy approved by the Board of Directors to acquire up to 450,000 shares, reflecting the company’s efforts to optimize its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (JP:7414) stock is a Hold with a Yen1490.00 price target. To see the full list of analyst forecasts on Onoken Co., Ltd. stock, see the JP:7414 Stock Forecast page.
More about Onoken Co., Ltd.
Onoken Co., Ltd. operates in the industrial sector and is listed on the Tokyo Stock Exchange and Fukuoka Stock Exchange. The company is involved in acquiring treasury shares as part of its financial management strategy.
Average Trading Volume: 63,633
Technical Sentiment Signal: Buy
Current Market Cap: Yen34.88B
See more insights into 7414 stock on TipRanks’ Stock Analysis page.