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The latest update is out from JAPAN POST INSURANCE Co., Ltd. ( (JP:7181) ).
Japan Post Insurance Co., Ltd. has completed the acquisition of 10,652,400 shares of its treasury stock through the Tokyo Stock Exchange’s Off-auction Own Share Repurchase Trading system, amounting to approximately 33 billion yen. The company plans to continue acquiring shares through the auction market to maintain the voting rights ratio of Japan Post Holdings Co., Ltd. at 50% or less, which could impact its market positioning and shareholder value.
More about JAPAN POST INSURANCE Co., Ltd.
Japan Post Insurance Co., Ltd. operates in the insurance industry, primarily offering life insurance products and services. The company is listed on the Prime Market of the Tokyo Stock Exchange and focuses on providing comprehensive insurance solutions to its clients.
YTD Price Performance: 8.47%
Average Trading Volume: 757,408
Technical Sentiment Signal: Strong Sell
Current Market Cap: Yen1150.3B
For detailed information about 7181 stock, go to TipRanks’ Stock Analysis page.