TSE:6305Machinery
Hitachi Construction Machinery (TSE:6305) Following New Buyback, Does Valuation Still Look Pricey?
Why Hitachi Construction Machinery stock is in focus after the new buyback
Hitachi Construction Machinery (TSE:6305) has moved into the spotlight after announcing a share repurchase program of up to 6,420,000 shares, worth ¥34,000 million, running through November 30, 2026.
The company describes the initiative as a way to support supply and demand for its stock, while targeting stronger shareholder returns, higher ROE, and better capital efficiency following the board approval on August...