Energy Utilities

Shikoku Electric Power Company, Incorporated

Shikoku Electric Power Forecasts 40 Billion Yen Ordinary Profit for FY2026

9507

9508

9505

<p>Shikoku Electric Power Company has completed a buyback of 1,864,000 shares for approximately ¥3.22 billion, finalizing its treasury share acquisition program. This buyback, slightly below the approved limit, aims to mitigate short-term supply-demand pressure and enhance capital efficiency in response to a corporate shareholder's decision to unwind cross-shareholdings. The move is part of a broader strategy to stabilize share price dynamics and signal a commitment to shareholder-focused capital allocation amid Japan's efforts to reduce cross-shareholdings.</p>

Tip Ranks

Kyushu Electric Power Company,Incorporated

Hokuriku Electric Power Company

Shikoku Electric Completes Targeted Share Buyback to Offset Cross-Shareholding Unwind

<p>Shikoku Electric Power Company (TSE:9507) will pay a dividend of ¥25.00 on June 29, yielding 3.2%. The company has a solid earnings cover for the dividend, with a forecasted payout ratio of 16%. Despite a history of dividend cuts, earnings per share have grown significantly, suggesting potential for future dividend increases. However, EPS is expected to decline by 14.4% next year, which may impact future payments. Overall, the company shows promise as a dividend stock, but investors should be aware of potential risks.</p>

Simplywall

Shikoku Electric Power Company's (TSE:9507) Dividend Will Be ¥25.00

Shikoku Electric Power Company, Incorporated(9507.JP)

Shikoku Electric Completes Targeted Share Buyback to Offset Cross-Shareholding Unwind

Shikoku Electric Power Company's (TSE:9507) Dividend Will Be ¥25.00