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Concordia Financial Group to Retire 23 Million Shares

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Concordia Financial Group to Retire 23 Million Shares

Concordia Financial Group ( (JP:7186) ) just unveiled an announcement.

Concordia Financial Group has announced a resolution to retire 23 million of its own common shares, representing 1.96% of its outstanding shares. This action, scheduled for completion by March 10, 2025, will reduce the total number of shares outstanding to approximately 1.14 billion, potentially impacting the company’s stock value and shareholder equity.

More about Concordia Financial Group

Concordia Financial Group operates in the financial industry and is listed on the Tokyo Stock Exchange. It provides various financial services, focusing on banking and investment solutions.

YTD Price Performance: 11.95%

Average Trading Volume: 5,270

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $7.26B

For an in-depth examination of 7186 stock, go to TipRanks’ Stock Analysis page.

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