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The latest announcement is out from TOHO GAS Co ( (JP:9533) ).
Toho Gas Co., Ltd. has announced a share buy-back, repurchasing 617,400 shares valued at approximately ¥2.51 billion between April 1 and April 30, 2025. This move is part of a broader strategy approved by the Board of Directors to repurchase up to 5 million shares, representing 5.1% of outstanding shares, with a total value of up to ¥15 billion by September 30, 2025. The share buy-back is expected to enhance shareholder value and optimize the company’s capital structure.
More about TOHO GAS Co
Toho Gas Co., Ltd. operates in the energy sector, primarily focusing on the supply of gas and related services. The company is listed on the TSE Prime Market and NSE Premier Market, indicating its significant presence in the Japanese market.
Average Trading Volume: 284,857
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen414.2B
For a thorough assessment of 9533 stock, go to TipRanks’ Stock Analysis page.