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Toho Gas Announces Share Buyback to Enhance Shareholder Value

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Toho Gas Announces Share Buyback to Enhance Shareholder Value

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The latest update is out from TOHO GAS Co ( (JP:9533) ).

Toho Gas Co., Ltd. has announced the repurchase of 747,900 shares of its common stock, valued at approximately ¥3.31 billion, as part of a broader plan to buy back up to 5 million shares by March 2026. This strategic move is aimed at enhancing shareholder value and optimizing the company’s capital structure, reflecting a commitment to returning value to its investors.

The most recent analyst rating on (JP:9533) stock is a Buy with a Yen5030.00 price target. To see the full list of analyst forecasts on TOHO GAS Co stock, see the JP:9533 Stock Forecast page.

More about TOHO GAS Co

Toho Gas Co., Ltd. operates in the energy sector, primarily focusing on the supply of natural gas and related services. The company is listed on the TSE Prime Market and NSE Premier Market, indicating its significant presence in the Japanese energy market.

Average Trading Volume: 233,520

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen443.1B

See more data about 9533 stock on TipRanks’ Stock Analysis page.

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