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Suzuken Co ( (JP:9987) ) has shared an announcement.
Suzuken Co., Ltd. has announced a share repurchase plan, detailing the method and specifics of the repurchase. The company plans to buy back up to 240,000 common shares at a total cost of approximately ¥1.39 billion through the ToSTNeT-3 system on the Tokyo Stock Exchange. This move is part of a broader strategy to repurchase up to 5.2 million shares, representing 7.21% of the total shares outstanding, by March 2026. The repurchase aims to enhance shareholder value and optimize the company’s capital structure.
The most recent analyst rating on (JP:9987) stock is a Buy with a Yen6800.00 price target. To see the full list of analyst forecasts on Suzuken Co stock, see the JP:9987 Stock Forecast page.
More about Suzuken Co
Suzuken Co., Ltd. operates within the pharmaceutical industry, focusing on the distribution of pharmaceuticals and medical supplies. The company is listed on the Tokyo, Nagoya, and Sapporo Stock Exchanges, indicating a strong market presence in Japan.
Average Trading Volume: 180,178
Technical Sentiment Signal: Buy
Current Market Cap: Yen338.5B
Learn more about 9987 stock on TipRanks’ Stock Analysis page.