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SECOM Co., Ltd. Announces Share Repurchase

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SECOM Co., Ltd. Announces Share Repurchase

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The latest update is out from Secom Co ( (JP:9735) ).

SECOM Co., Ltd. announced the repurchase of 2,255,200 shares of its common stock for JPY 11,839,760,200, as part of a broader plan authorized by its Board of Directors. This move is part of a strategic effort to manage the company’s capital structure and potentially enhance shareholder value, with a maximum repurchase limit set at 18,000,000 shares by December 2025.

The most recent analyst rating on (JP:9735) stock is a Buy with a Yen5998.00 price target. To see the full list of analyst forecasts on Secom Co stock, see the JP:9735 Stock Forecast page.

More about Secom Co

SECOM Co., Ltd. operates in the security services industry, providing a range of security solutions and services. The company is listed on the Tokyo Stock Exchange and focuses on enhancing safety and security for its clients.

Average Trading Volume: 1,113,450

Technical Sentiment Signal: Buy

Current Market Cap: Yen2313.5B

See more insights into 9735 stock on TipRanks’ Stock Analysis page.

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