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Stanley Electric Co ( (JP:6923) ) has issued an announcement.
Stanley Electric Co., Ltd. announced the purchase of 18,102,500 shares of its own stock for approximately 54.8 billion yen through the ToSTNeT-3 system. This move is part of a broader strategy to enhance shareholder returns and improve capital efficiency, with further market purchases planned under a discretionary trading agreement.
The most recent analyst rating on (JP:6923) stock is a Hold with a Yen2700.00 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, primarily focusing on the production of automotive lighting and electronic components. The company is listed on the Tokyo Stock Exchange and aims to enhance shareholder value and improve capital efficiency through strategic financial maneuvers.
Average Trading Volume: 549,723
Technical Sentiment Signal: Buy
Current Market Cap: Yen447.6B
For a thorough assessment of 6923 stock, go to TipRanks’ Stock Analysis page.