tiprankstipranks
Trending News
More News >

TIS Inc. Acquires 900,000 Treasury Shares in Strategic Buyback

Story Highlights

Confident Investing Starts Here:

TIS Inc. ( (JP:3626) ) just unveiled an announcement.

TIS Inc. announced the acquisition of 900,000 shares of its own stock through the Tokyo Stock Exchange’s off-auction trading system, amounting to approximately ¥4.16 billion. This move is part of a larger plan to repurchase up to 12 million shares by the end of 2025, reflecting the company’s strategy to enhance shareholder value and optimize capital structure.

More about TIS Inc.

TIS Inc. operates in the technology sector, primarily focusing on providing IT services and solutions. The company is listed on the Prime Market of the Tokyo Stock Exchange and is recognized for its expertise in IT consulting and system development.

Average Trading Volume: 862,993

Technical Sentiment Signal: Buy

Current Market Cap: Yen1073.2B

See more insights into 3626 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