Shimano Inc. Completes Share Buyback as Part of Strategic Repurchase Plan
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Shimano Inc. has completed a share buyback of 500,600 shares for 8.2 billion yen as part of its strategic repurchase plan. This initiative aims to manage capital structure and enhance shareholder value, with a total of 2,145,500 shares repurchased under the current resolution. Analysts rate Shimano stock (JP:7309) as a Buy with a price target of Yen24000.00. The company specializes in manufacturing cycling components, fishing tackle, and rowing equipment, holding a strong market position.
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