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ALBIS Co., Ltd. Acquires Treasury Shares to Boost Shareholder Value

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ALBIS Co., Ltd. Acquires Treasury Shares to Boost Shareholder Value

Elevate Your Investing Strategy:

ALBIS Co., Ltd. ( (JP:7475) ) has provided an announcement.

ALBIS Co., Ltd. announced the acquisition of 55,800 treasury shares through a market purchase on the Tokyo Stock Exchange, totaling ¥159,529,000. This move is part of a broader strategy approved by the Board of Directors to acquire up to 300,000 shares, with a total budget of ¥1,000,000,000, aimed at enhancing shareholder value.

More about ALBIS Co., Ltd.

ALBIS Co., Ltd. operates in the retail industry, focusing on the acquisition and management of treasury shares. The company is listed on the Prime Market of the Tokyo Stock Exchange under the securities code 7475.

YTD Price Performance: 14.91%

Average Trading Volume: 14,263

Technical Sentiment Signal: Sell

Current Market Cap: Yen26.11B

Find detailed analytics on 7475 stock on TipRanks’ Stock Analysis page.

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