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Riken Vitamin Co., Ltd. ( (JP:4526) ) has shared an update.
Riken Vitamin Co., Ltd. has announced the acquisition of 66,000 of its own shares, amounting to a total cost of 188,996,492 yen, through market purchases on the Tokyo Stock Exchange. This move is part of a broader strategy approved by the Board of Directors to acquire up to 1,000,000 shares, reflecting the company’s efforts to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (JP:4526) stock is a Buy with a Yen3244.00 price target. To see the full list of analyst forecasts on Riken Vitamin Co., Ltd. stock, see the JP:4526 Stock Forecast page.
More about Riken Vitamin Co., Ltd.
Riken Vitamin Co., Ltd. operates in the food industry, specializing in the production and distribution of food additives and health-related products. The company focuses on enhancing the quality and nutritional value of food items, serving a broad market that includes both domestic and international clients.
Average Trading Volume: 88,301
Technical Sentiment Signal: Buy
Current Market Cap: Yen67.41B
Find detailed analytics on 4526 stock on TipRanks’ Stock Analysis page.