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Zeon Corporation Completes Treasury Share Acquisition

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Zeon Corporation Completes Treasury Share Acquisition

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Zeon ( (JP:4205) ) just unveiled an announcement.

Zeon Corporation has completed the acquisition of 2,277,900 treasury shares, valued at approximately ¥4 billion, as part of a broader plan approved by the Board of Directors to acquire up to 10 million shares. This strategic move is aimed at optimizing the company’s capital structure and potentially enhancing shareholder value.

The most recent analyst rating on (JP:4205) stock is a Buy with a Yen2011.00 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 Asia-Pacific region.

YTD Price Performance: 24.38%

Average Trading Volume: 754,598

Technical Sentiment Signal: Buy

Current Market Cap: Yen351.6B

For detailed information about 4205 stock, go to TipRanks’ Stock Analysis page.

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