Alfresa Holdings ( (JP:2784) ) has shared an update.
Alfresa Holdings Corporation has successfully completed a share buyback program, repurchasing 1,121,800 shares of its common stock on the Tokyo Stock Exchange for approximately ¥2.31 billion. This move is part of a larger strategy authorized by the Board of Directors to repurchase up to 6 million shares, aiming to enhance shareholder value and optimize capital structure.
More about Alfresa Holdings
The Alfresa Group is a leader in the Japanese healthcare industry, focusing on ethical pharmaceuticals wholesaling, OTC pharmaceuticals wholesaling, pharmaceutical manufacturing, and operating dispensing pharmacies. The company reported a consolidated revenue of ¥2.8 trillion for the fiscal year ended March 31, 2024.
YTD Price Performance: 0.60%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.77B
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