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Japan Excellent, Inc. ( (JP:8987) ) has shared an announcement.
Japan Excellent, Inc. has announced the acquisition of 1,929 of its own investment units for a total of 247,717,600 yen, executed through market purchases on the Tokyo Stock Exchange. This move is part of a broader strategy approved by the board to acquire up to 35,000 units with a maximum budget of 4 billion yen, aimed at optimizing the company’s capital structure and potentially enhancing shareholder value.
More about Japan Excellent, Inc.
Japan Excellent, Inc. operates in the real estate investment trust (REIT) industry, focusing on the acquisition and management of investment properties. The company is managed by Japan Excellent Asset Management Co., Ltd., and is listed on the Tokyo Stock Exchange under the ticker TSE: 8987.
YTD Price Performance: 10.67%
Average Trading Volume: 3,155
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: Yen170B
See more insights into 8987 stock on TipRanks’ Stock Analysis page.
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