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Santen Pharmaceutical Announces Share Buyback Amid Profit Dip

Santen Pharmaceutical Announces Share Buyback Amid Profit Dip

Santen Pharmaceutical Co (JP:4536) has released an update.

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Santen Pharmaceutical Co., Ltd has reported a modest revenue increase of 3.3% for the three months ending June 30, 2024, compared to the same period last year. However, there has been a slight decrease in core net profit by 2.1%. The company has also announced a share repurchase program, which is expected to impact their earnings per share forecasts.

For further insights into JP:4536 stock, check out TipRanks’ Stock Analysis page.

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