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Secom Co ( (JP:9735) ) has provided an update.
Secom Co., Ltd. announced the repurchase of 1,770,300 shares of its own common stock for JPY 9,445,324,900, as part of a broader plan authorized by its Board of Directors. This move is part of a strategy to optimize capital structure and potentially enhance shareholder value, reflecting the company’s confidence in its financial health and future prospects.
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 known for its comprehensive security systems and services, catering to both individual and corporate clients, with a focus on enhancing safety and security in various environments.
Average Trading Volume: 1,109,978
Technical Sentiment Signal: Hold
Current Market Cap: Yen2286.9B
For an in-depth examination of 9735 stock, go to TipRanks’ Overview page.