tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

PRONEXUS INC. Acquires Treasury Stock to Enhance Shareholder Value

Story Highlights
PRONEXUS INC. Acquires Treasury Stock to Enhance Shareholder Value

TipRanks Cyber Monday Sale

An announcement from PRONEXUS Incorporated ( (JP:7893) ) is now available.

PRONEXUS INC. has announced the acquisition of 180,400 shares of its own common stock, amounting to a total cost of 213,543,395 yen, through market purchases on the Tokyo Stock Exchange. This move is part of a broader plan approved by the Board of Directors to acquire up to 1 million shares with a ceiling cost of 1 billion yen, aimed at enhancing shareholder value and optimizing capital structure.

The most recent analyst rating on (JP:7893) stock is a Hold with a Yen1186.00 price target. To see the full list of analyst forecasts on PRONEXUS Incorporated stock, see the JP:7893 Stock Forecast page.

More about PRONEXUS Incorporated

Average Trading Volume: 34,045

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen29.97B

For an in-depth examination of 7893 stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1