Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Tobu Railway Co ( (JP:9001) ) just unveiled an update.
Tobu Railway Co., Ltd. announced the acquisition of 1,279,200 of its common shares at a total cost of ¥3,336,117,650 through market purchases on the Tokyo Stock Exchange. This move is part of a broader plan approved by the Board of Directors to acquire up to 5,000,000 shares, reflecting the company’s strategic initiative 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 network of rail lines serving the Greater Tokyo area.
Average Trading Volume: 574,581
Technical Sentiment Signal: Sell
Current Market Cap: Yen508.1B
See more data about 9001 stock on TipRanks’ Stock Analysis page.