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GLOBERIDE, Inc. ( (JP:7990) ) has provided an announcement.
GLOBERIDE, Inc. has completed the cancellation of 1,200,000 treasury shares, which constitutes 5.2% of its total outstanding shares prior to the cancellation. This strategic move is likely to impact the company’s share value and market perception positively, potentially benefiting shareholders by increasing the value of remaining shares.
The most recent analyst rating on (JP:7990) stock is a Hold with a Yen2245.00 price target. To see the full list of analyst forecasts on GLOBERIDE, Inc. stock, see the JP:7990 Stock Forecast page.
More about GLOBERIDE, Inc.
GLOBERIDE, Inc. operates in the manufacturing industry, focusing on producing and distributing a range of sporting goods and equipment. The company is listed on the Tokyo Stock Exchange Prime Market and is recognized for its commitment to enhancing its market position through strategic financial maneuvers.
Average Trading Volume: 56,983
Technical Sentiment Signal: Buy
Current Market Cap: Yen49.97B
See more insights into 7990 stock on TipRanks’ Stock Analysis page.