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The latest announcement is out from Shimano ( (JP:7309) ).
Shimano Inc. announced an increase in the maximum number of its own shares to be repurchased, raising the limit from 2,500,000 to 2,700,000 shares. This decision aims to enhance shareholder returns, improve capital efficiency, and allow for more flexible capital policies, reflecting the company’s response to stock market trends and its strategic financial management.
The most recent analyst rating on (JP:7309) stock is a Buy with a Yen26300.00 price target. To see the full list of analyst forecasts on Shimano stock, see the JP:7309 Stock Forecast page.
More about Shimano
Shimano Inc. operates in the manufacturing industry, primarily focusing on the production of cycling components, fishing tackle, and rowing equipment. The company is known for its innovation and quality in the sports and outdoor equipment market.
Average Trading Volume: 388,273
Technical Sentiment Signal: Sell
Current Market Cap: Yen1468.5B
Find detailed analytics on 7309 stock on TipRanks’ Stock Analysis page.