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Toyota Tsusho ( (JP:8015) ) has issued an announcement.
Toyota Tsusho Corporation has announced a resolution to repurchase its own shares through a tender offer, contingent on the successful completion of a related offer by Toyota Industries. This move is part of Toyota Tsusho’s strategy to enhance shareholder value, aligning with its mid-term business plan to maintain a return on equity of 13% or higher and to return over 300 billion yen to shareholders. The company also plans to pay a total annual dividend of 105 yen per share for FY2024, reflecting its commitment to progressive dividends and flexible return measures.
The most recent analyst rating on (JP:8015) stock is a Sell with a Yen2500.00 price target. To see the full list of analyst forecasts on Toyota Tsusho stock, see the JP:8015 Stock Forecast page.
More about Toyota Tsusho
Toyota Tsusho Corporation operates in the trading industry, focusing on a diverse range of products and services including automotive, machinery, energy, chemicals, and food. The company aims to be a unique presence in the market with a strong emphasis on growth investment and shareholder returns.
Average Trading Volume: 2,158,447
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen3237.1B
For a thorough assessment of 8015 stock, go to TipRanks’ Stock Analysis page.