TSE:9449IT
GMO Internet Group (TSE:9449) Buyback Puts Its Undervalued Narrative Back In Focus
GMO Internet Group (TSE:9449) has drawn investor attention after its board approved a large share repurchase program, authorizing the buyback of up to 16,000,000 shares, equivalent to 16.32% of issued share capital, for a total of ¥30,000 million.
See our latest analysis for GMO internet group.
At a share price of ¥3,283.0, GMO internet group has seen short term momentum pick up, with a 7 day share price return of 9.43% and a 90 day share price return of 17.40%. However, the 1 year total...