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Toda Corporation ( (JP:1860) ) has provided an announcement.
Toda Corporation’s board has approved a share buyback of up to 7 million common shares, equivalent to 2.30% of its outstanding stock excluding treasury shares, for a total purchase price of up to ¥7 billion. The repurchases will be conducted via market purchases on the Tokyo Stock Exchange between February 16 and March 31, 2026, with all acquired shares slated for full cancellation.
Management frames the move as part of its Medium-Term Management Plan 2027, which targets a total payout ratio of around 70% and emphasizes shareholder returns as a key priority. By retiring the repurchased shares, Toda aims to enhance capital efficiency, support its share price, and potentially increase earnings per share, reinforcing its shareholder-friendly stance in a competitive construction sector.
The most recent analyst rating on (JP:1860) stock is a Buy with a Yen1737.00 price target. To see the full list of analyst forecasts on Toda Corporation stock, see the JP:1860 Stock Forecast page.
More about Toda Corporation
Toda Corporation is a Japan-based construction company listed on the Tokyo Stock Exchange Prime Market under securities code 1860. The group operates across building and civil engineering projects, with a strategic focus on capital efficiency and shareholder returns under its Medium-Term Management Plan 2027, including a policy of maintaining a dividend on equity of 3.5% or higher.
Average Trading Volume: 588,125
Technical Sentiment Signal: Buy
Current Market Cap: Yen477.5B
For a thorough assessment of 1860 stock, go to TipRanks’ Stock Analysis page.