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OBIC Co. Announces Treasury Share Repurchase Plan

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OBIC Co. Announces Treasury Share Repurchase Plan

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OBIC Co ( (JP:4684) ) has shared an update.

OBIC Co., Ltd. has announced a decision by its Board of Directors to repurchase up to 6,000,000 of its common shares, which represents 1.36% of the total shares outstanding, excluding treasury shares. This move is aimed at returning profits to shareholders and enhancing capital efficiency, allowing the company to adapt to changes in the business environment.

The most recent analyst rating on (JP:4684) stock is a Hold with a Yen5500.00 price target. To see the full list of analyst forecasts on OBIC Co stock, see the JP:4684 Stock Forecast page.

More about OBIC Co

Average Trading Volume: 992,930

Technical Sentiment Signal: Hold

Current Market Cap: Yen2316.6B

See more insights into 4684 stock on TipRanks’ Stock Analysis page.

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