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Ichiyoshi Securities Announces Treasury Share Acquisition

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Ichiyoshi Securities Announces Treasury Share Acquisition

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Ichiyoshi Securities Co ( (JP:8624) ) has shared an update.

Ichiyoshi Securities Co., Ltd. has announced a resolution to acquire up to 300,000 of its treasury shares through the Tokyo Stock Exchange Trading Network System for pre-market trading (ToSTNeT-3). This move, aimed at enhancing capital management flexibility, reflects the company’s strategic response to evolving market conditions. The acquisition will proceed at a set price of 824 yen per share, with a maximum total cost of 247,200,000 yen, and the results will be disclosed upon completion of the trading process.

More about Ichiyoshi Securities Co

Ichiyoshi Securities Co., Ltd. is a company listed on the Tokyo Stock Exchange, operating in the financial services industry. The company focuses on providing securities trading services and asset management solutions, aiming to adapt its capital management strategies to changing business environments.

YTD Price Performance: -9.57%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €163.6M

See more insights into 8624 stock on TipRanks’ Stock Analysis page.

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