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An update from Paltac ( (JP:8283) ) is now available.
Paltac Corporation has announced the acquisition of 119,200 treasury shares at a total cost of ¥534,827,289, as part of a resolution passed by its Board of Directors. This move is part of a larger plan to acquire up to 1,500,000 shares, which could impact the company’s stock value and shareholder equity.
The most recent analyst rating on (JP:8283) stock is a Buy with a Yen5314.00 price target. To see the full list of analyst forecasts on Paltac stock, see the JP:8283 Stock Forecast page.
More about Paltac
Paltac Corporation operates in the distribution industry, focusing on the sale and distribution of consumer goods. The company is listed on the Tokyo Stock Exchange and is known for its extensive network and market reach in Japan.
Average Trading Volume: 79,285
Technical Sentiment Signal: Buy
Current Market Cap: Yen277.7B
Learn more about 8283 stock on TipRanks’ Stock Analysis page.