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Tobu Railway Co ( (JP:9001) ) has issued an update.
Tobu Railway Co., Ltd. has announced the acquisition of 1,258,400 treasury shares, amounting to approximately ¥3.13 billion, through market purchases on the Tokyo Stock Exchange. This acquisition is part of a broader plan approved by the Board of Directors to acquire up to 5 million shares, reflecting the company’s strategic move to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (JP:9001) stock is a Hold with a Yen2900.00 price target. To see the full list of analyst forecasts on Tobu Railway Co stock, see the JP:9001 Stock Forecast page.
More about Tobu Railway Co
Tobu Railway Co., Ltd. operates in the transportation industry, primarily focusing on railway services. The company is listed on the Tokyo Stock Exchange Prime Market and is known for its extensive rail network in Japan.
Average Trading Volume: 548,963
Technical Sentiment Signal: Sell
Current Market Cap: Yen491.1B
For a thorough assessment of 9001 stock, go to TipRanks’ Stock Analysis page.