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Isetan Mitsukoshi Advances Treasury Share Acquisition

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Isetan Mitsukoshi Advances Treasury Share Acquisition

Isetan Mitsukoshi Holdings ( (JP:3099) ) has issued an update.

Isetan Mitsukoshi Holdings announced the acquisition of 995,800 treasury shares in February 2025, with a total cost of 2,411,437,300 yen, as part of its ongoing share buyback program. This move is part of a larger plan approved by the Board of Directors to acquire up to 5,000,000 shares by March 2025, aiming to enhance shareholder value and optimize capital structure.

More about Isetan Mitsukoshi Holdings

Isetan Mitsukoshi Holdings Ltd. operates in the retail industry, focusing on department store operations. It is a prominent player in the Japanese market, providing a wide range of consumer goods and services.

YTD Price Performance: -14.82%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $5.56B

For an in-depth examination of 3099 stock, go to TipRanks’ Stock Analysis page.

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