tiprankstipranks
Trending News
More News >

France Bed Holdings to Cancel 3.65 Million Treasury Shares

Story Highlights
France Bed Holdings to Cancel 3.65 Million Treasury Shares

Confident Investing Starts Here:

France Bed Holdings Co., Ltd. ( (JP:7840) ) has shared an update.

France Bed Holdings Co., Ltd. announced the cancellation of 3,650,000 shares of its treasury stock, which represents 9.50% of its outstanding shares. This move, approved by the Board of Directors, is set to take place on March 14, 2025, and will reduce the total number of issued shares to 34,747,500. The cancellation is part of the company’s strategic efforts to optimize its capital structure and enhance shareholder value.

More about France Bed Holdings Co., Ltd.

France Bed Holdings Co., Ltd. operates in the furniture and bedding industry, focusing on the production and sale of beds and related products. The company is known for its high-quality bedding solutions and has a significant presence in the Japanese market.

YTD Price Performance: -3.22%

Average Trading Volume: 25,881

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen42.97B

See more data about 7840 stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1