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Toho Co ( (JP:9602) ) just unveiled an announcement.
Toho Co., Ltd. has approved the acquisition of up to 7.5 million of its common shares, equivalent to 0.89% of its outstanding stock excluding treasury shares, through an off-auction own share repurchase using the Tokyo Stock Exchange’s ToSTNeT-3 system. The first consigned purchase order will be placed on April 15, 2026 at the prior day’s closing price of JPY 1,582, with execution limited to sell orders received at that time.
Under the broader buyback framework set by the board, Toho may spend up to JPY 13 billion to repurchase shares between April 15 and May 22, 2026 via both ToSTNeT-3 and regular auction-market purchases under a discretionary trading agreement. The program is expected to enhance capital efficiency and could support shareholder value by reducing the free float, though execution will depend on market conditions and the availability of matching sell orders.
The most recent analyst rating on (JP:9602) stock is a Hold with a Yen9300.00 price target. To see the full list of analyst forecasts on Toho Co stock, see the JP:9602 Stock Forecast page.
More about Toho Co
Toho Co., Ltd. is a Japanese entertainment company listed on the Prime Market of the Tokyo Stock Exchange and the Fukuoka Stock Exchange. The company is best known for its film production and distribution business, including major franchises, and operates across related media and content segments in the domestic market and abroad.
Average Trading Volume: 3,423,151
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen1420.4B
Find detailed analytics on 9602 stock on TipRanks’ Stock Analysis page.