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Sumitomo Osaka Cement Co ( (JP:5232) ) has shared an update.
Sumitomo Osaka Cement Co., Ltd. has completed its acquisition of treasury shares, acquiring a total of 1,298,900 shares at a cost of ¥4,999,784,963. This move, executed on the Tokyo Stock Exchange, is part of a broader strategy approved by the Board of Directors to acquire up to 1,500,000 shares, with the potential for cancellation if not utilized, impacting the company’s share structure and potentially its market valuation.
The most recent analyst rating on (JP:5232) stock is a Buy with a Yen4850.00 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 distribution of cement and related products. The company is listed on the Tokyo Stock Exchange Prime Market and is a significant player in the construction materials sector.
Average Trading Volume: 237,379
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen132.3B
See more insights into 5232 stock on TipRanks’ Stock Analysis page.