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Ajinomoto Co. Announces Share Repurchase Plan to Enhance Shareholder Value

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Ajinomoto Co. Announces Share Repurchase Plan to Enhance Shareholder Value

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Ajinomoto Co ( (JP:2802) ) has provided an announcement.

Ajinomoto Co., Inc. has announced a decision by its Board of Directors to repurchase up to 30 million of its own shares, representing 3.09% of the total issued shares, excluding treasury shares. This initiative, with a maximum cost of JPY 80 billion, aims to enhance shareholder returns and improve capital efficiency, with plans to cancel all repurchased shares, reflecting a strategic move to optimize its capital structure.

The most recent analyst rating on (JP:2802) stock is a Buy with a Yen5100.00 price target. To see the full list of analyst forecasts on Ajinomoto Co stock, see the JP:2802 Stock Forecast page.

More about Ajinomoto Co

Ajinomoto Co., Inc. is a company operating in the food and chemical industries, primarily known for its production of seasonings, processed foods, beverages, amino acids, and pharmaceuticals. It focuses on enhancing the quality of life by contributing to significant health and nutrition improvements globally.

Average Trading Volume: 2,369,051

Technical Sentiment Signal: Buy

Current Market Cap: Yen4440B

Find detailed analytics on 2802 stock on TipRanks’ Stock Analysis page.

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