Toray Industries Updates on Share Repurchase Program

Toray Industries ( (JP:3402) ) has shared an update.

Toray Industries announced the status of its share repurchase program, revealing that it repurchased 10,583,000 shares for a total of 10,139,233,634 yen between May 1 and May 31, 2025. This move is part of a larger initiative authorized by the Board of Directors to repurchase up to 155,000,000 shares by November 7, 2025, aiming to enhance shareholder value and optimize capital structure.

The most recent analyst rating on (JP:3402) stock is a Buy with a Yen1270.00 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 advanced materials such as fibers and textiles, plastics, chemicals, and carbon fiber composite materials. The company is known for its innovation in materials technology and serves various markets including automotive, aerospace, and electronics.

Average Trading Volume: 6,262,626

Technical Sentiment Signal: Buy

Current Market Cap: Yen1592.7B

For a thorough assessment of 3402 stock, go to TipRanks’ Stock Analysis page.