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The latest announcement is out from Trend Micro ( (JP:4704) ).
Trend Micro announced the repurchase of 797,200 shares of its common stock, totaling a cost of 6,232,402,800 yen, as part of a previously approved plan by its Board of Directors. This strategic move is aimed at optimizing capital structure and enhancing shareholder value, reflecting the company’s robust financial position and commitment to its investors.
The most recent analyst rating on (JP:4704) stock is a Hold with a Yen8100.00 price target. To see the full list of analyst forecasts on Trend Micro stock, see the JP:4704 Stock Forecast page.
More about Trend Micro
Trend Micro is a global leader in cybersecurity, focusing on protecting digital information for individuals, enterprises, and governments. The company uses security expertise and AI to safeguard over 500,000 enterprises and millions of individuals across various digital environments. Its flagship platform, Trend Vision One™, offers comprehensive cybersecurity solutions, centralizing risk management and security operations.
Average Trading Volume: 899,557
Technical Sentiment Signal: Hold
Current Market Cap: Yen941B
For a thorough assessment of 4704 stock, go to TipRanks’ Stock Analysis page.