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ERI Holdings Completes Share Repurchase to Boost Capital Efficiency

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ERI Holdings Completes Share Repurchase to Boost Capital Efficiency

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The latest announcement is out from ERI Holdings Co., Ltd. ( (JP:6083) ).

ERI Holdings Co., Ltd. has completed the acquisition of 120,000 of its own common shares through the Tokyo Stock Exchange’s off-auction own share repurchase trading system, ToSTNeT-3, at a cost of ¥354,840,000. This strategic move aims to enhance capital efficiency and provide the company with a flexible capital policy to adapt to changing business environments, as resolved by the Board of Directors.

The most recent analyst rating on (JP:6083) stock is a Buy with a Yen3261.00 price target. To see the full list of analyst forecasts on ERI Holdings Co., Ltd. stock, see the JP:6083 Stock Forecast page.

More about ERI Holdings Co., Ltd.

Average Trading Volume: 23,986

Technical Sentiment Signal: Buy

Current Market Cap: Yen23.11B

For a thorough assessment of 6083 stock, go to TipRanks’ Stock Analysis page.

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