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Yamaha Announces Progress in Treasury Stock Acquisition

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Yamaha Announces Progress in Treasury Stock Acquisition

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Yamaha ( (JP:7951) ) just unveiled an update.

Yamaha Corporation has announced the acquisition of 3,136,500 treasury shares, amounting to approximately ¥3.3 billion, as part of its ongoing share buyback program. This move is part of a broader strategy authorized by the Board of Directors to acquire up to 20 million shares, representing 4.4% of outstanding shares, with a maximum budget of ¥15 billion, aimed at enhancing shareholder value and optimizing capital structure.

The most recent analyst rating on (JP:7951) stock is a Buy with a Yen1199.00 price target. To see the full list of analyst forecasts on Yamaha stock, see the JP:7951 Stock Forecast page.

More about Yamaha

Yamaha Corporation is a prominent entity in the music and audio equipment industry, known for its production of musical instruments, audio equipment, and other related services. The company focuses on delivering high-quality products and has a significant presence in the global market.

YTD Price Performance: -2.05%

Average Trading Volume: 1,808,266

Technical Sentiment Signal: Sell

Current Market Cap: Yen523.2B

For detailed information about 7951 stock, go to TipRanks’ Stock Analysis page.

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