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Sumitomo Seika Chemicals Announces Treasury Share Acquisition

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Sumitomo Seika Chemicals Announces Treasury Share Acquisition

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Sumitomo Seika Chemicals Co., Ltd. ( (JP:4008) ) has provided an announcement.

Sumitomo Seika Chemicals has announced the acquisition of 25,300 treasury shares at a cost of 133,916,000 yen, as part of a broader plan approved by the Board of Directors to acquire up to 210,000 shares by March 2026. This move is part of the company’s strategic financial management, potentially impacting shareholder value and market positioning.

The most recent analyst rating on (JP:4008) stock is a Hold with a Yen5810.00 price target. To see the full list of analyst forecasts on Sumitomo Seika Chemicals Co., Ltd. stock, see the JP:4008 Stock Forecast page.

More about Sumitomo Seika Chemicals Co., Ltd.

Sumitomo Seika Chemicals Co., Ltd. operates in the chemical industry, focusing on the production of chemical products. The company is listed on the Tokyo Stock Exchange and is involved in sustainability initiatives.

Average Trading Volume: 43,944

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen73.47B

For an in-depth examination of 4008 stock, go to TipRanks’ Overview page.

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