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Riken Technos Corporation ( (JP:4220) ) has issued an announcement.
Riken Technos Corporation has announced the acquisition of 1,121,400 treasury shares at a cost of 1,320,402,200 yen, as part of a resolution made by its Board of Directors on July 31, 2025. This acquisition, conducted through the Tokyo Stock Exchange’s off-auction trading system, is part of a larger plan to acquire up to 1,500,000 shares by October 31, 2025, which may impact the company’s stock value and shareholder equity.
The most recent analyst rating on (JP:4220) stock is a Buy with a Yen1353.00 price target. To see the full list of analyst forecasts on Riken Technos Corporation stock, see the JP:4220 Stock Forecast page.
More about Riken Technos Corporation
Riken Technos Corporation operates in the manufacturing industry, focusing on the production of high-performance plastics and elastomers. The company is known for its innovative materials that cater to various sectors, including automotive, electronics, and construction, enhancing their market presence in these industries.
Average Trading Volume: 68,953
Technical Sentiment Signal: Buy
Current Market Cap: Yen59.2B
Learn more about 4220 stock on TipRanks’ Stock Analysis page.