TSE:9869Consumer Retailing
Kato Sangyo (TSE:9869): Evaluating Valuation Following Board-Approved Share Buyback Initiative
Kato Sangyo (TSE:9869) has announced the purchase of 60,700 shares of its own stock on the Tokyo Stock Exchange. This move fits into a broader share buyback program approved by its Board of Directors.
See our latest analysis for Kato Sangyo.
Kato Sangyo’s recent buyback appears to have come on the heels of a remarkably strong year for the company, with the latest share price sitting at ¥5,990. Not only is momentum building in the short term, but the 49.4% total shareholder return over the...