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J FRONT RETAILING Co ( (JP:3086) ) just unveiled an announcement.
J. FRONT RETAILING Co., Ltd. has repurchased 3,474,200 of its own shares at a cost of ¥6,074,638,700 as part of its FY2024-FY2026 Medium-term Business Plan. This move aims to enhance medium to long-term return on capital by focusing on growth with profitability and optimizing equity, reflecting a commitment to shareholder value.
More about J FRONT RETAILING Co
J. FRONT RETAILING Co., Ltd. operates in the retail industry, focusing on enhancing shareholder returns and optimizing equity through strategic initiatives. The company is listed on the Prime Market of the Tokyo Stock Exchange and the Premier Market of the Nagoya Stock Exchange.
YTD Price Performance: -8.89%
Technical Sentiment Signal: Sell
Current Market Cap: $3.23B
For a thorough assessment of 3086 stock, go to TipRanks’ Stock Analysis page.