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SECOM Announces Share Repurchase Plan

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SECOM Announces Share Repurchase Plan

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Secom Co ( (JP:9735) ) has provided an announcement.

SECOM CO., LTD. announced the repurchase of 1,687,400 of its own shares for a total price of JPY 9,027,126,700, as part of a resolution by its Board of Directors. This move, conducted through market purchases on the Tokyo Stock Exchange, is part of a larger plan to repurchase up to 18,000,000 shares, potentially impacting the company’s stock value and shareholder equity.

The most recent analyst rating on (JP:9735) stock is a Hold with a Yen11000.00 price target. To see the full list of analyst forecasts on Secom Co stock, see the JP:9735 Stock Forecast page.

More about Secom Co

SECOM CO., LTD. operates in the security services industry, providing a range of security solutions and services. The company is focused on enhancing safety and security through its offerings and has a strong presence in the market.

YTD Price Performance: -0.94%

Average Trading Volume: 1,113,280

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen2337.9B

See more insights into 9735 stock on TipRanks’ Stock Analysis page.

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