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Tokyo Gas Completes Major Stock Repurchase

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Tokyo Gas Completes Major Stock Repurchase

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TOKYO GAS Co ( (JP:9531) ) just unveiled an announcement.

Tokyo Gas Co., Ltd. has completed a significant stock repurchase, acquiring 1,930,900 shares for over 11 billion yen, reaching the upper limit approved by its Board of Directors. This strategic move is part of a larger plan to acquire up to 35 million shares, reflecting the company’s efforts to enhance shareholder value and optimize its capital structure.

The most recent analyst rating on (JP:9531) stock is a Hold with a Yen5440.00 price target. To see the full list of analyst forecasts on TOKYO GAS Co stock, see the JP:9531 Stock Forecast page.

More about TOKYO GAS Co

Tokyo Gas Co., Ltd. operates in the energy sector, primarily focusing on the production and distribution of natural gas. The company is a major player in the Japanese market, providing energy solutions and services to a wide range of customers.

Average Trading Volume: 1,263,753

Technical Sentiment Signal: Buy

Current Market Cap: Yen2136.6B

See more data about 9531 stock on TipRanks’ Stock Analysis page.

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