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The latest update is out from Sankyu Inc. ( (JP:9065) ).
Sankyu Inc. has announced the acquisition of 284,100 shares of its own common stock, amounting to approximately 2.36 billion yen, as part of a broader plan approved by its Board of Directors to acquire up to 5 million shares. This strategic move, executed through market purchases on the Tokyo Stock Exchange, aims to optimize the company’s capital structure and potentially enhance shareholder value.
The most recent analyst rating on (JP:9065) stock is a Buy with a Yen6900.00 price target. To see the full list of analyst forecasts on Sankyu Inc. stock, see the JP:9065 Stock Forecast page.
More about Sankyu Inc.
Sankyu Inc. operates in the logistics and industrial services industry, providing a range of services including transportation, warehousing, and plant engineering. The company focuses on enhancing operational efficiency and expanding its market presence in Japan and internationally.
YTD Price Performance: 61.21%
Average Trading Volume: 207,835
Technical Sentiment Signal: Buy
Current Market Cap: Yen426.2B
For a thorough assessment of 9065 stock, go to TipRanks’ Stock Analysis page.