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The latest update is out from Tosoh ( (JP:4042) ).
Tosoh Corporation announced a plan to acquire up to 17 million of its own shares, representing 5.34% of its total issued shares, with a maximum acquisition cost of 25 billion yen. This strategic move aims to enhance shareholder returns and improve capital efficiency, indicating a focus on strengthening its financial structure and market position.
The most recent analyst rating on (JP:4042) stock is a Hold with a Yen1910.00 price target. To see the full list of analyst forecasts on Tosoh stock, see the JP:4042 Stock Forecast page.
More about Tosoh
Tosoh Corporation operates in the chemical industry, focusing on the production and distribution of a wide range of chemical products. It is known for its involvement in various sectors, including petrochemicals, advanced materials, and specialty products, serving a global market.
Average Trading Volume: 997,222
Technical Sentiment Signal: Buy
Current Market Cap: Yen727.1B
Learn more about 4042 stock on TipRanks’ Stock Analysis page.