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ERI Holdings Sets Price for Treasury Stock Repurchase

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ERI Holdings Sets Price for Treasury Stock Repurchase

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

ERI Holdings Co., Ltd. has announced the determination of the acquisition price for its treasury stock through off-auction own share repurchase trading. The purchase price is set at 2,957 yen per share, with a total acquisition cost capped at ¥396,000,000 for up to 120,000 shares, representing 1.58% of the total issued shares. This strategic move is aimed at optimizing the company’s capital structure and potentially enhancing shareholder value.

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: 23,636

Technical Sentiment Signal: Buy

Current Market Cap: Yen22.81B

For an in-depth examination of 6083 stock, go to TipRanks’ Overview page.

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