tiprankstipranks
Trending News
More News >

USS Co. Announces Strategic Share Repurchase to Boost Shareholder Value

Story Highlights
USS Co. Announces Strategic Share Repurchase to Boost Shareholder Value

Don’t Miss TipRanks’ Half-Year Sale

USS Co ( (JP:4732) ) has provided an update.

USS Co., Ltd. has announced its decision to execute a share repurchase through the Tokyo Stock Exchange’s off-auction own share repurchase trading system. This strategic move is aimed at enhancing corporate value by maintaining a return on equity of 20% or higher, and increasing shareholder returns through stable dividends and continuous share repurchases. The company plans to repurchase 10,325,900 shares at a total purchase price of approximately ¥16 billion, reinforcing its commitment to capital efficiency and shareholder value.

More about USS Co

Average Trading Volume: 1,233,390

Technical Sentiment Signal: Buy

Current Market Cap: Yen787.3B

For detailed information about 4732 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