tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

USS Co. Finalizes Adjustment of Japanese ASR Share Repurchase

Story Highlights
  • USS Co. completed the adjustment phase of its Japanese ASR share repurchase with SMBC Nikko.
  • Final buyback totaled about 9.32 million shares at a fixed overall purchase price.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
USS Co. Finalizes Adjustment of Japanese ASR Share Repurchase

Claim 70% Off TipRanks This Holiday Season

USS Co ( (JP:4732) ) has issued an announcement.

USS Co., Ltd. has finalized the adjustment phase of its previously announced facility share repurchase program structured as a Japanese accelerated share repurchase (ASR), in coordination with SMBC Nikko Securities. SMBC Nikko exercised the 22nd Series Warrants and waived the 23rd Series Warrants, resulting in a substantive buyback of 9,319,500 shares at a total purchase price of ¥15,999,982,050, with the number of shares determined by the average volume-weighted average price over the specified period. The transaction confirms the final size and pricing of USS’s share repurchase, bringing clarity and completion to the capital management initiative and signaling continued focus on shareholder returns through disciplined buyback execution.

The most recent analyst rating on (JP:4732) stock is a Buy with a Yen1898.00 price target. To see the full list of analyst forecasts on USS Co stock, see the JP:4732 Stock Forecast page.

More about USS Co

USS Co., Ltd. is a Japan-listed company whose shares trade on the Prime Market of the Tokyo Stock Exchange and the Premier Market of the Nagoya Stock Exchange under stock code 4732, indicating it operates at a scale and governance standard suitable for Japan’s top-tier equity markets.

Average Trading Volume: 1,134,708

Technical Sentiment Signal: Buy

Current Market Cap: Yen817.2B

See more data about 4732 stock on 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