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Onoken Co., Ltd. ( (JP:7414) ) just unveiled an update.
Onoken Co., Ltd. has announced a resolution to acquire 450,000 of its own common shares, representing 1.82% of its outstanding shares, for a total of 500 million yen. This move aims to enhance shareholder returns and improve capital efficiency, reflecting the company’s commitment to flexible capital policies and potentially strengthening its market position.
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, focusing on enhancing shareholder value and capital efficiency through strategic financial maneuvers.
Average Trading Volume: 58,375
Technical Sentiment Signal: Sell
Current Market Cap: Yen34.24B
For a thorough assessment of 7414 stock, go to TipRanks’ Stock Analysis page.