Home Stock Market Morito Advances Share Buyback Program With Additional Treasury Stock Repurchase
Stock Market

Morito Advances Share Buyback Program With Additional Treasury Stock Repurchase

Share


End of Quarter Sale – 50% Off TipRanks

Morito Co., Ltd. ( (JP:9837) ) just unveiled an announcement.

Morito Co., Ltd. has repurchased 117,100 shares of its common stock on the Tokyo Stock Exchange between March 1 and March 31, 2026, at a total cost of ¥227,437,100. The buyback is being executed under a board-approved program authorizing up to 600,000 shares and ¥1.2 billion in total, and brings cumulative repurchases under this mandate to 245,700 shares costing ¥465,161,000, leaving 25,667,091 shares outstanding and 1,132,909 shares held in treasury as of March 31, 2026.

The ongoing share repurchase program signals Morito’s active capital management and may support its share price and per-share metrics by reducing the float over time. With authorization running through January 14, 2027, the company retains room to continue buybacks, which could further influence ownership structure and returns to shareholders depending on future execution and market conditions.

The most recent analyst rating on (JP:9837) stock is a Buy with a Yen2199.00 price target. To see the full list of analyst forecasts on Morito Co., Ltd. stock, see the JP:9837 Stock Forecast page.

More about Morito Co., Ltd.

Morito Co., Ltd. is a Japan-based company listed on the TSE Prime Market that issues common stock to investors. The company manages its capital structure in part through treasury share transactions, adjusting the balance between outstanding shares and shares held in treasury to support shareholder value and financial flexibility.

Average Trading Volume: 91,810

Technical Sentiment Signal: Buy

Current Market Cap: Yen44.37B

For a thorough assessment of 9837 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue



Source link

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Don't Miss

Greek 10-year bond yield rises to 3.70% amid strong demand

The yield on the 10-year Greek government bond rose to 3.70% on Wednesday, according to the Public Debt Management Agency. The total bids...

Luxury real estate: To the hilt

There are beautiful homes, and there are inimitably spectacular ones. The perfect abode, in our definition, is one that laps up magnificent city...

Related Articles

Stock market today: Dow, S&P 500, Nasdaq jump as chip stocks rebound, Iran and Israel exchange strikes

US stocks rebounded on Monday morning, with tech stocks leading a broad...

403 – Operations too frequent

Operations too frequent.Try again later Page not found, please try again later....

403 – Operations too frequent

Operations too frequent.Try again later Page not found, please try again later....

How Is Ford Motor’s Stock Performance Compared to Other Consumer Cyclical stocks?

With a market cap of $61.1 billion, Ford Motor Company (F) designs, manufactures, markets, and...