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Futaba Industrial Co., Ltd. ( (JP:7241) ) just unveiled an announcement.
Futaba Industrial Co., Ltd. has announced a decision by its Board of Directors to repurchase up to 430,000 of its common shares, representing 0.48% of the total shares issued, excluding treasury shares. This strategic move is aimed at acquiring shares for restricted stock compensation and maintaining an agile capital policy to adapt to changing business environments without diluting share value.
The most recent analyst rating on (JP:7241) stock is a Hold with a Yen1042.00 price target. To see the full list of analyst forecasts on Futaba Industrial Co., Ltd. stock, see the JP:7241 Stock Forecast page.
More about Futaba Industrial Co., Ltd.
Futaba Industrial Co., Ltd. operates in the automotive industry, focusing on the production of exhaust systems and body components. The company is listed on the Prime of Tokyo Stock Exchange and Premier of Nagoya Stock Exchange, indicating its significant presence in the market.
Average Trading Volume: 235,411
Technical Sentiment Signal: Buy
Current Market Cap: Yen86.16B
See more insights into 7241 stock on TipRanks’ Stock Analysis page.