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Ushio ( (JP:6925) ) has provided an announcement.
Ushio Inc. announced the purchase of 2,850,900 shares of its common stock through the Tokyo Stock Exchange’s off-auction own share repurchase trading system, totaling approximately 5.24 billion yen. This move is part of a broader strategy to repurchase up to 15 million shares, representing 17.04% of its total outstanding shares, with a maximum expenditure of 20 billion yen, indicating a significant effort to enhance shareholder value and optimize 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 electronics industry, primarily focusing on the production of light sources and optical equipment. The company is listed on the Prime Market of the Tokyo Stock Exchange and is involved in various technological advancements and market expansions.
Average Trading Volume: 229,706
Technical Sentiment Signal: Hold
Current Market Cap: Yen166.6B
For detailed information about 6925 stock, go to TipRanks’ Stock Analysis page.
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