Otsuka Holdings Co ( (JP:4578) ) has provided an announcement.
Otsuka Holdings Co., Ltd. has completed a significant share repurchase of 7,380,000 shares, amounting to approximately 57.95 billion yen, through the ToSTNeT-3 system. This strategic move is part of a broader plan to repurchase up to 12 million shares or 70 billion yen worth of stock by April 30, 2025, as approved by their Board of Directors. This initiative is likely to impact the company’s stock value and enhance shareholder returns.
More about Otsuka Holdings Co
Otsuka Holdings Co., Ltd. operates in the pharmaceutical industry, focusing on the development and marketing of innovative healthcare products. The company is listed on the Prime Market of the Tokyo Stock Exchange and is known for its commitment to advancing medical solutions and health-related products.
YTD Price Performance: -13.09%
Average Trading Volume: 693
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $27.36B
See more data about 4578 stock on TipRanks’ Stock Analysis page.