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The latest update is out from Press Kogyo Co., Ltd. ( (JP:7246) ).
Press Kogyo Co., Ltd. has completed the acquisition and cancellation of a significant number of its treasury shares, as per the resolutions passed by its board of directors. This strategic move, involving the acquisition of 1,933,600 shares for approximately 1.5 billion yen and their subsequent cancellation, aims to optimize the company’s capital structure and potentially enhance shareholder value.
The most recent analyst rating on (JP:7246) stock is a Buy with a Yen939.00 price target. To see the full list of analyst forecasts on Press Kogyo Co., Ltd. stock, see the JP:7246 Stock Forecast page.
More about Press Kogyo Co., Ltd.
Press Kogyo Co., Ltd. operates in the manufacturing industry, primarily focusing on the production of automotive parts. The company is listed on the Tokyo Stock Exchange and is engaged in market activities that include acquiring and managing treasury shares.
Average Trading Volume: 502,774
Technical Sentiment Signal: Buy
Current Market Cap: Yen78.72B
See more data about 7246 stock on TipRanks’ Stock Analysis page.