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An announcement from ALBIS Co., Ltd. ( (JP:7475) ) is now available.
ALBIS Co., Ltd. announced the acquisition of 64,100 treasury shares through a market purchase on the Tokyo Stock Exchange, amounting to ¥178,235,200. This move is part of a larger plan approved by the Board of Directors to acquire up to 300,000 shares, with a total budget of ¥1,000,000,000, indicating a strategic effort to consolidate ownership and potentially enhance shareholder value.
More about ALBIS Co., Ltd.
ALBIS Co., Ltd. operates within the financial sector, focusing on acquiring treasury shares as part of its corporate strategy. The company is listed on the Tokyo Stock Exchange and is led by President and CEO Kazuo Ikeda.
YTD Price Performance: 6.25%
Average Trading Volume: 12,067
Technical Sentiment Signal: Strong Sell
Current Market Cap: Yen24.29B
See more insights into 7475 stock on TipRanks’ Stock Analysis page.