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The latest announcement is out from Stanley Electric Co ( (JP:6923) ).
Stanley Electric Co., Ltd. has announced a decision by its Board of Directors to purchase up to 35,000,000 shares of its common stock, representing 23.47% of the total shares issued and outstanding, excluding treasury stock. This move, with a budget of up to 80 billion yen, aims to enhance shareholder returns and improve capital efficiency, potentially impacting the company’s financial structure and market positioning.
The most recent analyst rating on (JP:6923) stock is a Buy with a Yen3400.00 price target. To see the full list of analyst forecasts on Stanley Electric Co stock, see the JP:6923 Stock Forecast page.
More about Stanley Electric Co
Stanley Electric Co., Ltd. operates in the electronics industry, focusing on the production of lighting equipment and electronic components. The company is known for its innovative solutions and has a significant market presence in the automotive and electronics sectors.
Average Trading Volume: 759,798
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen416.3B
Find detailed analytics on 6923 stock on TipRanks’ Stock Analysis page.