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Sumitomo Osaka Cement Co ( (JP:5232) ) just unveiled an announcement.
Sumitomo Osaka Cement Co., Ltd. has announced the acquisition of 291,500 treasury shares between June 1 and June 30, 2025, at a total cost of ¥1,109,586,893. This move is part of a broader strategy approved by the Board of Directors to acquire up to 1,500,000 shares by September 30, 2025, with a budget of ¥5,000,000,000, aimed at optimizing capital structure and potentially canceling unused shares.
The most recent analyst rating on (JP:5232) stock is a Buy with a Yen4620.00 price target. To see the full list of analyst forecasts on Sumitomo Osaka Cement Co stock, see the JP:5232 Stock Forecast page.
More about Sumitomo Osaka Cement Co
Sumitomo Osaka Cement Co., Ltd. operates in the cement industry, focusing on the production and sale of cement and related products. The company is listed on the Tokyo Stock Exchange and is known for its strategic initiatives in acquiring treasury shares to enhance shareholder value.
Average Trading Volume: 220,242
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen125B
For detailed information about 5232 stock, go to TipRanks’ Stock Analysis page.