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Sakai Chemical Industry Co., Ltd. ( (JP:4078) ) just unveiled an update.
Sakai Chemical Industry Co., Ltd. has completed the acquisition of its own shares, purchasing a total of 914,000 shares at a cost of approximately 2.5 billion yen. This strategic move, resolved by the Board of Directors, aims to enhance shareholder value and involves plans to cancel all acquired treasury shares, potentially impacting the company’s stock market positioning and shareholder equity.
The most recent analyst rating on (JP:4078) stock is a Buy with a Yen3099.00 price target. To see the full list of analyst forecasts on Sakai Chemical Industry Co., Ltd. stock, see the JP:4078 Stock Forecast page.
More about Sakai Chemical Industry Co., Ltd.
Sakai Chemical Industry Co., Ltd. operates in the chemical industry, focusing on the production and distribution of chemical products. The company is listed on the Tokyo Stock Exchange and is involved in various market activities, including the acquisition and management of its own shares.
Average Trading Volume: 77,169
Technical Sentiment Signal: Buy
Current Market Cap: Yen52.25B
For detailed information about 4078 stock, go to TipRanks’ Stock Analysis page.