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SECOM Co., Ltd. Announces Share Repurchase

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SECOM Co., Ltd. Announces Share Repurchase

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

SECOM Co., Ltd. announced the repurchase of 2,583,800 shares of its common stock for JPY 13,662,073,000, as part of a resolution by its Board of Directors. This move is part of a larger plan to repurchase up to 18,000,000 shares, reflecting SECOM’s strategy to enhance shareholder value and optimize its capital structure.

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 innovative technologies and comprehensive service offerings.

Average Trading Volume: 1,019,924

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen2403.6B

Find detailed analytics on 9735 stock on TipRanks’ Stock Analysis page.

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