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TIS Inc. ( (JP:3626) ) has provided an update.
TIS Inc. announced the acquisition of 672,800 shares of its own common stock, valued at approximately ¥3.39 billion, as part of a previously approved plan by the Board of Directors. This acquisition is part of a larger initiative to repurchase up to 12 million shares, reflecting TIS Inc.’s strategic effort to enhance shareholder value and optimize its capital structure.
The most recent analyst rating on (JP:3626) stock is a Hold with a Yen4989.00 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 sector, primarily focusing on providing IT services and solutions. The company is listed on the Prime Market of the Tokyo Stock Exchange and is known for its commitment to innovation and shareholder value.
Average Trading Volume: 543,134
Technical Sentiment Signal: Buy
Current Market Cap: Yen1143.9B
Find detailed analytics on 3626 stock on TipRanks’ Stock Analysis page.