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Oriental Shiraishi Corporation ( (JP:1786) ) has provided an announcement.
Oriental Shiraishi Corporation has announced a decision by its Board of Directors to acquire up to 3,333,000 of its own common shares, representing 2.51% of the total issued shares, excluding treasury shares. This move, with a maximum acquisition cost of 1 billion yen, aims to enhance capital efficiency and allow the company to adapt its capital policies to the evolving business environment, potentially impacting its financial strategy and shareholder value.
The most recent analyst rating on (JP:1786) stock is a Buy with a Yen480.00 price target. To see the full list of analyst forecasts on Oriental Shiraishi Corporation stock, see the JP:1786 Stock Forecast page.
More about Oriental Shiraishi Corporation
Oriental Shiraishi Corporation operates in the construction industry, focusing on civil engineering and infrastructure projects. The company is known for its expertise in bridge construction and maintenance, contributing significantly to Japan’s transportation network.
Average Trading Volume: 351,608
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen50.74B
For a thorough assessment of 1786 stock, go to TipRanks’ Stock Analysis page.