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Tobu Railway Co ( (JP:9001) ) has shared an update.
Tobu Railway Co., Ltd. announced the completion of its acquisition of 1,411,000 treasury shares, amounting to approximately ¥3.53 billion, as part of a resolution to acquire up to 5 million shares. This strategic move is expected to enhance shareholder value and optimize capital structure, reflecting the company’s commitment to efficient financial management.
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: 567,087
Technical Sentiment Signal: Sell
Current Market Cap: Yen514.5B
For a thorough assessment of 9001 stock, go to TipRanks’ Stock Analysis page.