Kewpie Corporation Advances Share Buyback Program
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Kewpie Corporation has announced the acquisition of 660,900 shares of its common stock for 2,692,461,300 yen as part of its share buyback program, which aims to acquire up to 9.6 million shares. This initiative is designed to enhance shareholder value and optimize capital structure. The current analyst rating for Kewpie's stock (JP:2809) is a Buy, with a price target of Yen4783.00. Kewpie is known for its food products, particularly mayonnaise and dressings, and has a market cap of Yen593.8B.
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