TSE:9533Gas Utilities
Assessing Toho Gas (TSE:9533) Valuation After A New 4.4% Share Buyback Authorization
Toho Gas (TSE:9533) has put a fresh share buyback on the table after its board approved a new program to repurchase up to 4,000,000 shares, representing 4.4% of its share capital.
See our latest analysis for Toho Gas.
The new buyback comes against a mixed share price backdrop, with Toho Gas posting a 10.14% year-to-date share price return alongside a 29.05% 1-year total shareholder return and a 3-year total shareholder return of 123.88%. This suggests that momentum has recently been building...