TSE:1893
TSE:1893Construction

Penta-Ocean Construction (TSE:1893): Evaluating Valuation After Share Buyback Authorization

Penta-Ocean Construction (TSE:1893) just announced a new share buyback program after its board approved the repurchase of up to 4,500,000 shares. This move is intended to strengthen its management base and improve capital efficiency. See our latest analysis for Penta-Ocean Construction. Penta-Ocean Construction’s latest buyback announcement comes as momentum in the share price has really accelerated, with a year-to-date share price return of 128.3% and a one-year total shareholder return of...