tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Onward Holdings Completes Significant Treasury Share Cancellation

Story Highlights
Onward Holdings Completes Significant Treasury Share Cancellation

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Onward Holdings Co., Ltd. ( (JP:8016) ) has issued an update.

Onward Holdings Co., Ltd. has completed the cancellation of 16 million treasury shares, which represents 10.13% of its total shares outstanding prior to the cancellation. This strategic move reduces the total number of shares outstanding to 141,921,669, potentially enhancing shareholder value and improving the company’s financial metrics.

The most recent analyst rating on (JP:8016) stock is a Buy with a Yen699.00 price target. To see the full list of analyst forecasts on Onward Holdings Co., Ltd. stock, see the JP:8016 Stock Forecast page.

More about Onward Holdings Co., Ltd.

Onward Holdings Co., Ltd. operates in the fashion and apparel industry, focusing on the design, manufacturing, and retail of clothing and accessories. The company is listed on the Tokyo Stock Exchange and is known for its commitment to quality and innovation in the fashion sector.

Average Trading Volume: 865,414

Technical Sentiment Signal: Buy

Current Market Cap: Yen88.84B

See more data about 8016 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1