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Zeon ( (JP:4205) ) has issued an announcement.
Zeon Corporation has successfully repurchased 2,277,900 of its own shares at a cost of ¥3,999,992,400 through the Tokyo Stock Exchange’s off-auction trading system. This move is part of Zeon’s strategy to enhance shareholder returns and improve capital efficiency, aligning with a board resolution to acquire up to 10 million shares or a total value of ¥10 billion.
The most recent analyst rating on (JP:4205) stock is a Buy with a Yen1758.00 price target. To see the full list of analyst forecasts on Zeon stock, see the JP:4205 Stock Forecast page.
More about Zeon
Zeon Corporation operates in the chemical industry, focusing on the production of synthetic rubbers, latex, and specialty chemicals. The company is known for its innovative solutions and has a significant market presence in the manufacturing sector.
Average Trading Volume: 745,056
Technical Sentiment Signal: Buy
Current Market Cap: Yen341.3B
For an in-depth examination of 4205 stock, go to TipRanks’ Overview page.