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Mitsui Matsushima Holdings Announces Share Buyback Strategy

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Mitsui Matsushima Holdings Announces Share Buyback Strategy

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Mitsui Matsushima Holdings Co., Ltd. ( (JP:1518) ) just unveiled an announcement.

Mitsui Matsushima Holdings Co., Ltd. announced the acquisition of its own shares, purchasing 15,600 common shares at a total cost of 100,816,000 yen through market transactions on the Tokyo Stock Exchange. This move is part of a broader strategy approved by the Board of Directors to acquire up to 700,000 shares, with an upper limit of 35 billion yen, aimed at enhancing shareholder value and optimizing capital structure.

The most recent analyst rating on (JP:1518) stock is a Buy with a Yen6570.00 price target. To see the full list of analyst forecasts on Mitsui Matsushima Holdings Co., Ltd. stock, see the JP:1518 Stock Forecast page.

More about Mitsui Matsushima Holdings Co., Ltd.

Mitsui Matsushima Holdings Co., Ltd. operates in the energy and resources sector, focusing on coal production and sales, alongside other diversified business activities. The company is listed on the Tokyo Stock Exchange and Fukuoka Stock Exchange.

Average Trading Volume: 345,529

Technical Sentiment Signal: Buy

Current Market Cap: Yen91.18B

For a thorough assessment of 1518 stock, go to TipRanks’ Stock Analysis page.

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