Shimizu Corporation Updates on Share Buyback Program

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Shimizu ( (JP:1803) ) has provided an announcement.

Shimizu Corporation announced the status of its share buyback program for December 2024, following a board resolution in November 2024. The company purchased 3,876,300 shares at a total cost of 4,669,059,956 Yen through market transactions on the Tokyo Stock Exchange. This buyback is part of a larger initiative to purchase up to 26 million shares by March 2025, aiming to enhance shareholder value and optimize capital structure.

More about Shimizu

Shimizu Corporation is a company listed on the Tokyo Stock Exchange Prime Market and the Nagoya Stock Exchange Premier Market. It operates within the construction industry and focuses on providing comprehensive construction and engineering services.

YTD Price Performance: 0.57%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $5.24B

For detailed information about 1803 stock, go to TipRanks’ Stock Analysis page.

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