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TIS Inc. ( (JP:3626) ) has issued an update.
TIS Inc. has announced the acquisition of 991,400 shares of its own common stock, valued at approximately ¥4.93 billion, as part of a broader plan approved by the Board of Directors to acquire up to 12 million shares. This move is part of a strategic initiative to optimize capital structure and potentially enhance shareholder value, reflecting the company’s proactive approach in managing its financial resources.
The most recent analyst rating on (JP:3626) stock is a Hold with a Yen5200.00 price target. To see the full list of analyst forecasts on TIS Inc. stock, see the JP:3626 Stock Forecast page.
More about TIS Inc.
TIS Inc. operates in the technology industry and is listed on the Prime Market of the Tokyo Stock Exchange. The company focuses on providing IT services and solutions, catering to a broad range of market needs.
Average Trading Volume: 553,585
Technical Sentiment Signal: Buy
Current Market Cap: Yen1159.7B
For an in-depth examination of 3626 stock, go to TipRanks’ Overview page.