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Riken Technos Corporation ( (JP:4220) ) just unveiled an announcement.
Riken Technos Corporation has announced the acquisition of 253,800 treasury shares for approximately 314.65 million yen, as part of a broader plan to acquire up to 1.5 million shares. This strategic move, executed through market purchases at the Tokyo Stock Exchange, is aimed at enhancing shareholder value and optimizing the company’s capital structure.
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 producing and distributing a range of plastic products and materials. The company is listed on the Tokyo Prime Market and is known for its innovative solutions in the plastics sector.
Average Trading Volume: 72,514
Technical Sentiment Signal: Buy
Current Market Cap: Yen63.77B
For detailed information about 4220 stock, go to TipRanks’ Stock Analysis page.