In today’s briefing:
- Japan Lifeline (7575 JP) Throws a Lifeline to Its Share Price
Japan Lifeline (7575 JP) Throws a Lifeline to Its Share Price
- Japan Lifeline announced a buyback on Friday after the close.
- The stock saw a huge growth spurt in the first half of the last decade but slowed down post 2018. So the stock has significantly underperformed the sector.
- The buyback parameters and the stock’s trading history suggest that with the stock near a 5-year low, it is worth looking a little deeper.
Before it’s here, it’s on Smartkarma
