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Yamada Denki Co ( (JP:9831) ) just unveiled an update.
Yamada Holdings Co., Ltd announced the acquisition of 8,304,900 of its own common shares, amounting to approximately ¥3.69 billion, as part of a resolution made by its Board of Directors. This strategic move, conducted through market purchases, is part of a larger plan to acquire up to 40 million shares by March 2026, potentially impacting the company’s market positioning and shareholder value.
The most recent analyst rating on (JP:9831) stock is a Hold with a Yen480.00 price target. To see the full list of analyst forecasts on Yamada Denki Co stock, see the JP:9831 Stock Forecast page.
More about Yamada Denki Co
Yamada Holdings Co., Ltd is a prominent player in the retail industry, primarily focusing on electronics and home appliances. The company operates in the Japanese market and is known for its extensive range of products and services catering to consumer electronics needs.
YTD Price Performance: -1.50%
Average Trading Volume: 4,640,957
Technical Sentiment Signal: Buy
Current Market Cap: Yen362.3B
For detailed information about 9831 stock, go to TipRanks’ Stock Analysis page.