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i-mobile Co., Ltd. ( (JP:6535) ) just unveiled an announcement.
i-mobile Co., Ltd. announced its decision to acquire up to 1,022,600 of its ordinary shares through the Tokyo Stock Exchange’s Off-Auction Own Share Repurchase Trading System (ToSTNeT-3). This strategic move, set at a total acquisition cost of up to 607,424,400 yen, is part of a broader plan to repurchase up to 1,800,000 shares by July 31, 2025. The acquisition aims to enhance shareholder value and optimize the company’s capital structure, with significant implications for its market position and stakeholder interests.
More about i-mobile Co., Ltd.
i-mobile Co., Ltd. operates in the technology sector, focusing on providing digital marketing solutions and mobile advertising services. The company is listed on the Tokyo Stock Exchange and is known for its innovative approaches in the digital advertising industry.
Average Trading Volume: 219,549
Technical Sentiment Signal: Buy
Current Market Cap: Yen33.93B
Find detailed analytics on 6535 stock on TipRanks’ Stock Analysis page.