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Ryobi ( (JP:5851) ) has shared an update.
Ryobi Limited’s board of directors has approved the cancellation of all 836,672 treasury shares held by the company, representing 2.56% of its issued shares prior to cancellation. Following the cancellation, scheduled for December 30, 2025, the total number of issued shares will decrease to 31,809,471, a move that will modestly tighten the company’s share float and can be seen as a shareholder-friendly capital measure that may enhance earnings per share and equity value over the long term.
The most recent analyst rating on (JP:5851) stock is a Buy with a Yen3029.00 price target. To see the full list of analyst forecasts on Ryobi stock, see the JP:5851 Stock Forecast page.
More about Ryobi
Ryobi Limited, listed on the Tokyo Stock Exchange under code 5851, operates as a Japanese manufacturing company, though this release provides only limited corporate context beyond its status as a publicly traded issuer of common stock.
YTD Price Performance: 24.01%
Average Trading Volume: 228,943
Technical Sentiment Signal: Buy
Current Market Cap: Yen89.18B
Learn more about 5851 stock on TipRanks’ Stock Analysis page.