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Shimano ( (JP:7309) ) just unveiled an announcement.
Shimano Inc. announced a refined shareholder returns policy, including the cancellation of a previous treasury stock acquisition plan and the establishment of a new acquisition limit. The company aims to enhance shareholder returns with a target total return ratio of at least 50%, planning to repurchase up to 2.81% of its total shares, amounting to 50 billion yen by January 2026. This move is intended to improve capital efficiency and ensure flexible management in response to changing corporate environments.
More about Shimano
Shimano Inc. is a company operating in the manufacturing industry, primarily focusing on producing cycling components, fishing tackle, and other sports equipment. The company is renowned for its innovative products in the cycling market and has a significant presence in the global sports equipment industry.
YTD Price Performance: 3.05%
Average Trading Volume: 103
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $12.22B
Learn more about 7309 stock on TipRanks’ Stock Analysis page.