Isetan Mitsukoshi Continues Share Buyback Program

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

Isetan Mitsukoshi Holdings has announced the acquisition of 1,527,200 of its own common shares, with the total cost amounting to 3.53 billion yen, between August 1 and August 30, 2024. The buyback is part of a larger program approved by its Board of Directors, which aims to purchase up to 8.5 million shares for a maximum of 15 billion yen by October 31, 2024. To date, the company has acquired a cumulative total of 3,277,200 shares for about 9.04 billion yen.

For further insights into JP:3099 stock, check out TipRanks’ Stock Analysis page.