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Open House Co. Completes Treasury Share Acquisition

Story Highlights
  • Open House Co. completed the acquisition of 340,000 treasury shares for ¥2.66 billion.
  • The acquisition is part of a broader plan to buy up to 3.75 million shares, impacting financial structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Open House Co. Completes Treasury Share Acquisition

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Open House Co ( (JP:3288) ) just unveiled an announcement.

Open House Group Co., Ltd. has completed the acquisition of its treasury shares, purchasing 340,000 common shares for approximately ¥2.66 billion through open market transactions. This acquisition is part of a broader resolution by the Board of Directors, which authorized the purchase of up to 3.75 million shares, representing 3.25% of the total outstanding shares, with a maximum budget of ¥15 billion. The completion of this acquisition process may impact the company’s financial structure and shareholder value.

The most recent analyst rating on (JP:3288) stock is a Buy with a Yen7894.00 price target. To see the full list of analyst forecasts on Open House Co stock, see the JP:3288 Stock Forecast page.

More about Open House Co

Average Trading Volume: 275,637

Technical Sentiment Signal: Buy

Current Market Cap: Yen925.8B

Find detailed analytics on 3288 stock on TipRanks’ Stock Analysis page.

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