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Toray Industries ( (JP:3402) ) has provided an announcement.
Toray Industries, Inc. announced the repurchase of 8,224,300 shares of its common stock for a total price of 8,204,550,230 yen through market purchases on the Tokyo Stock Exchange from July 1 to July 31, 2025. This repurchase is part of a larger plan authorized by the Board of Directors to buy back up to 155,000,000 shares, reflecting the company’s strategy to enhance shareholder value and optimize its capital structure.
The most recent analyst rating on (JP:3402) stock is a Hold with a Yen980.00 price target. To see the full list of analyst forecasts on Toray Industries stock, see the JP:3402 Stock Forecast page.
More about Toray Industries
Toray Industries, Inc. operates in the chemical industry, focusing on the production of fibers, textiles, plastics, chemicals, and other advanced materials. The company is known for its innovative solutions in various sectors, including automotive, electronics, and healthcare, with a strong market presence in Japan and globally.
YTD Price Performance: 5.03%
Average Trading Volume: 4,655,264
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen1669.5B
Find detailed analytics on 3402 stock on TipRanks’ Stock Analysis page.