Chino Corporation Announces Share Buyback to Enhance Shareholder Value
Chino Corporation has announced a share buyback of up to 860,000 shares, representing 5.05% of its total issued shares, excluding treasury shares. The buyback, costing up to 1.3 billion yen, aims to enhance shareholder returns and improve capital efficiency, with shares intended for cancellation. The current analyst rating for Chino Corporation (JP:6850) is a Buy, with a price target of Yen1576.00. The company operates in the electronics industry, focusing on measurement and control instruments, and is listed on the Tokyo Stock Exchange Prime Market.
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