Yamaha ( (JP:7951) ) has shared an update.
Yamaha Corporation has completed the acquisition of 23,799,000 shares of its common stock through the Tokyo Stock Exchange’s Off-Auction Own Share Repurchase Trading, at a cost of ¥1,097.5 per share, totaling ¥26,119,402,500. This move is aimed at enhancing shareholder returns and improving capital efficiency, indicating a strategic effort to strengthen its financial standing and market position.
More about Yamaha
Yamaha Corporation is a leader in the musical instruments and audio equipment industry, offering a wide range of products and services. The company is well-regarded for its commitment to quality and innovation in the global market.
YTD Price Performance: 4.43%
Average Trading Volume: 338
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $3.73B
See more insights into 7951 stock on TipRanks’ Stock Analysis page.