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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.