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Asics ( (JP:7936) ) has provided an announcement.
ASICS Corporation announced the cancellation of 25 million treasury shares, representing 3.29% of the total issued shares, as a strategy to eliminate concerns about potential future stock dilution. This decision, approved by the Board of Directors, reflects the company’s commitment to maintaining shareholder value and stabilizing its stock performance.
More about Asics
ASICS Corporation is a company operating in the athletic footwear and apparel industry. It primarily focuses on designing and manufacturing sports equipment, athletic shoes, and activewear, and is listed on the Tokyo Stock Exchange.
YTD Price Performance: 4.32%
Average Trading Volume: 924
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $15.58B
For a thorough assessment of 7936 stock, go to TipRanks’ Stock Analysis page.
