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SAIBU GAS HOLDINGS Announces Share Buyback Progress

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SAIBU GAS HOLDINGS Announces Share Buyback Progress

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SAIBU GAS HOLDINGS CO. LTD. ( (JP:9536) ) has provided an update.

SAIBU GAS HOLDINGS CO., LTD. announced the acquisition of 89,300 of its own shares, amounting to a total cost of ¥174,608,500, as part of a broader plan approved by the Board of Directors to acquire up to 1,500,000 shares by March 31, 2026. This move is part of the company’s strategy to manage its capital structure and could potentially impact shareholder value and market perception.

The most recent analyst rating on (JP:9536) stock is a Buy with a Yen1980.00 price target. To see the full list of analyst forecasts on SAIBU GAS HOLDINGS CO. LTD. stock, see the JP:9536 Stock Forecast page.

More about SAIBU GAS HOLDINGS CO. LTD.

SAIBU GAS HOLDINGS CO., LTD. operates in the energy sector, primarily focusing on the supply and distribution of gas. The company is listed on the Tokyo Stock Exchange Prime Market and the Fukuoka Stock Exchange, indicating a significant presence in the Japanese energy market.

YTD Price Performance: 14.88%

Average Trading Volume: 76,701

Technical Sentiment Signal: Buy

Current Market Cap: Yen72.2B

For detailed information about 9536 stock, go to TipRanks’ Stock Analysis page.

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