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DD GROUP Co., Ltd. ( (JP:3073) ) has issued an update.
DD GROUP Co., Ltd. announced its plan to acquire and cancel all remaining Class A Preferred Stock following a successful tender offer for its common shares by PCGVI-1 Inc. This strategic move aims to further stabilize the company’s financial foundation, having previously issued these shares to strengthen its capital during the COVID-19 pandemic. The acquisition and cancellation are expected to have a minor impact on the company’s financial results for the current fiscal year.
More about DD GROUP Co., Ltd.
DD GROUP Co., Ltd. operates in the financial sector, focusing on capital management and financial stabilization services. The company has been actively managing its capital base to ensure financial stability, particularly in response to challenging business environments.
Average Trading Volume: 159,134
Technical Sentiment Signal: Buy
Current Market Cap: Yen30.73B
For detailed information about 3073 stock, go to TipRanks’ Stock Analysis page.