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Paltac ( (JP:8283) ) has provided an announcement.
Paltac Corporation announced the acquisition of 157,000 treasury shares at a total cost of ¥716,234,989, conducted from October 1 to October 31, 2025, through open market purchases on the Tokyo Stock Exchange. This move is part of a broader strategy authorized by the Board of Directors to acquire up to 1.5 million shares by May 2026, reflecting the company’s efforts to optimize its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (JP:8283) stock is a Buy with a Yen5126.00 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 wholesale of consumer goods such as cosmetics, daily necessities, and over-the-counter pharmaceuticals. It primarily serves the Japanese market, leveraging its extensive logistics network to enhance supply chain efficiency.
Average Trading Volume: 80,086
Technical Sentiment Signal: Buy
Current Market Cap: Yen282.9B
For detailed information about 8283 stock, go to TipRanks’ Stock Analysis page.