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Aucnet, Inc. ( (JP:3964) ) just unveiled an announcement.
Aucnet Inc. announced that its Board of Directors has resolved to cancel 1.5 million treasury shares, representing 3.03% of its currently issued and outstanding common shares. Following the cancellation, scheduled for December 30, 2025, the total number of issued and outstanding shares will be reduced to 48,026,400, with 2,020,121 shares remaining as treasury stock, a move that is expected to streamline the capital structure and may enhance shareholder value by lowering the share count.
More about Aucnet, Inc.
Aucnet Inc. is a Japan-based company listed on the Tokyo Stock Exchange Prime Market under securities code 3964, operating as a platform-driven business that conducts its activities through issued common shares held by a broad shareholder base.
Average Trading Volume: 92,908
Technical Sentiment Signal: Buy
Current Market Cap: Yen100.1B
For a thorough assessment of 3964 stock, go to TipRanks’ Stock Analysis page.