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Isetan Mitsukoshi Implements Treasury Share Acquisition

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Isetan Mitsukoshi Implements Treasury Share Acquisition

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The latest announcement is out from Isetan Mitsukoshi Holdings ( (JP:3099) ).

Isetan Mitsukoshi Holdings has announced the acquisition of 2,092,400 treasury shares at a cost of 4,548,389,350 yen through market purchases on the Tokyo Stock Exchange. This move is part of a broader strategy approved by the Board of Directors to acquire up to 20,000,000 shares by October 2025, potentially impacting the company’s stock value and shareholder equity.

The most recent analyst rating on (JP:3099) stock is a Buy with a Yen3000.00 price target. To see the full list of analyst forecasts on Isetan Mitsukoshi Holdings stock, see the JP:3099 Stock Forecast page.

More about Isetan Mitsukoshi Holdings

Isetan Mitsukoshi Holdings Ltd. is a prominent company in the retail industry, primarily focusing on department store operations. It is listed on the Prime Market of the Tokyo Stock Exchange and is known for its wide range of consumer goods and services.

YTD Price Performance: -19.22%

Average Trading Volume: 3,752,165

Technical Sentiment Signal: Buy

Current Market Cap: Yen803.1B

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

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