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JAPAN POST INSURANCE Co., Ltd. ( (JP:7181) ) just unveiled an announcement.
JAPAN POST INSURANCE Co., Ltd. has announced its plan to acquire up to 11,283,000 of its own shares through the Tokyo Stock Exchange’s Off-auction Own Share Repurchase Trading system. This move is part of a broader strategy to manage its capital structure, with the total acquisition amount potentially reaching up to 34,999,866,000 yen. The acquisition aims to maintain the voting rights of JAPAN POST HOLDINGS Co., Ltd. at 50% or less, ensuring a balanced ownership structure.
More about JAPAN POST INSURANCE Co., Ltd.
JAPAN POST INSURANCE Co., Ltd. operates in the insurance industry, focusing primarily on providing life insurance services. The company is listed on the Prime Market of the Tokyo Stock Exchange and is part of the JAPAN POST HOLDINGS group.
YTD Price Performance: 10.08%
Average Trading Volume: 754,792
Technical Sentiment Signal: Sell
Current Market Cap: Yen1186.6B
For detailed information about 7181 stock, go to TipRanks’ Stock Analysis page.