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AEON Mall Co ( (JP:8905) ) has provided an update.
AEON MALL Co., Ltd. has announced the cancellation of its treasury stock as part of a strategic move to become a wholly owned subsidiary of AEON Co., Ltd. This decision follows a share exchange agreement that requires AEON MALL to cancel all its treasury stock before AEON Co., Ltd. acquires all issued and outstanding shares, excluding those already owned by AEON. The cancellation is scheduled for July 1, 2025, and is a critical step in streamlining the ownership structure, potentially impacting stakeholders by solidifying AEON’s control over AEON MALL.
The most recent analyst rating on (JP:8905) stock is a Buy with a Yen2300.00 price target. To see the full list of analyst forecasts on AEON Mall Co stock, see the JP:8905 Stock Forecast page.
More about AEON Mall Co
AEON MALL Co., Ltd. operates in the retail industry, specializing in the development and management of shopping malls. The company is a significant player in the market, focusing on providing comprehensive retail spaces that cater to a wide range of consumer needs.
Average Trading Volume: 1,172,581
Technical Sentiment Signal: Buy
Current Market Cap: Yen633.1B
For an in-depth examination of 8905 stock, go to TipRanks’ Stock Analysis page.