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An update from Isetan Mitsukoshi Holdings ( (JP:3099) ) is now available.
Isetan Mitsukoshi Holdings has completed the acquisition of its own shares, totaling 574,500 common shares, at a cost of approximately 1.29 billion yen, through market purchases on the Tokyo Stock Exchange. The company plans to cancel all acquired treasury shares by March 31, 2025, as part of its strategic financial management, which could potentially enhance shareholder value and optimize capital structure.
More about Isetan Mitsukoshi Holdings
Isetan Mitsukoshi Holdings Ltd. operates in the retail industry, primarily focusing on department stores. The company is known for offering a wide range of products and services, including fashion, food, and household goods, with a significant presence in the Japanese market.
YTD Price Performance: -12.45%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $5.64B
For detailed information about 3099 stock, go to TipRanks’ Stock Analysis page.