tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

USHIO INC. Announces Major Share Buyback Plan

Story Highlights
USHIO INC. Announces Major Share Buyback Plan

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Ushio ( (JP:6925) ) just unveiled an announcement.

USHIO INC. has announced a decision to repurchase up to 15,000,000 of its own shares, representing 17.04% of its outstanding shares, to enhance capital efficiency and implement a more agile capital policy. This move, involving a maximum expenditure of 20 billion yen, is expected to impact the company’s market positioning by potentially increasing shareholder value and optimizing the capital structure.

The most recent analyst rating on (JP:6925) stock is a Hold with a Yen2150.00 price target. To see the full list of analyst forecasts on Ushio stock, see the JP:6925 Stock Forecast page.

More about Ushio

USHIO INC. operates in the technology and electronics industry, focusing on the production and distribution of light sources and related equipment. The company is listed on the Prime Market of the Tokyo Stock Exchange and is known for its innovative solutions in the field of lighting and optical technologies.

Average Trading Volume: 229,706

Technical Sentiment Signal: Buy

Current Market Cap: Yen166.6B

For detailed information about 6925 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1