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The latest announcement is out from Koito Manufacturing Co ( (JP:7276) ).
Koito Manufacturing Co., Ltd. has completed the acquisition of 10 million of its own shares for a total cost of 23.415 billion yen through the Tokyo Stock Exchange’s Off-Auction Own Share Repurchase Trading System. This move is part of a larger initiative approved by the Board of Directors to acquire up to 37 million shares, reflecting a strategic effort to enhance shareholder value and optimize capital structure.
The most recent analyst rating on (JP:7276) stock is a Buy with a Yen2587.00 price target. To see the full list of analyst forecasts on Koito Manufacturing Co stock, see the JP:7276 Stock Forecast page.
More about Koito Manufacturing Co
Koito Manufacturing Co., Ltd. operates in the automotive industry, primarily focusing on the production of automotive lighting equipment. The company is positioned in the market as a key supplier of lighting solutions for vehicles, catering to a global clientele.
Average Trading Volume: 993,040
Technical Sentiment Signal: Buy
Current Market Cap: Yen655.4B
For an in-depth examination of 7276 stock, go to TipRanks’ Overview page.