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Tosoh ( (JP:4042) ) just unveiled an update.
Tosoh Corporation announced the acquisition of 1,562,000 of its own common shares, with a total acquisition cost of approximately 3.6 billion yen. This move is part of a larger plan approved by the Board of Directors to acquire up to 17 million shares by March 2026, aiming to enhance shareholder value and optimize capital structure.
The most recent analyst rating on (JP:4042) stock is a Hold with a Yen2120.00 price target. To see the full list of analyst forecasts on Tosoh stock, see the JP:4042 Stock Forecast page.
More about Tosoh
Tosoh Corporation operates in the chemical industry, focusing on the production of various chemical products and materials. The company is known for its diverse range of offerings, including petrochemicals, specialty products, and advanced materials, catering to a global market.
YTD Price Performance: 12.83%
Average Trading Volume: 1,141,841
Technical Sentiment Signal: Buy
Current Market Cap: Yen742.9B
See more insights into 4042 stock on TipRanks’ Stock Analysis page.