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Joshin Denki Completes Treasury Stock Buyback

Joshin Denki Completes Treasury Stock Buyback

Joshin Denki Co., Ltd. (JP:8173) has released an update.

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Joshin Denki Co., Ltd. has completed its treasury stock repurchase plan, acquiring 150,000 common shares via ToSTNeT-3, with the aim of enhancing capital efficiency and maintaining flexibility in its capital strategy. The operation concluded on August 7, 2024, involved a total expenditure of ¥388,200,000. This move is aligned with the company’s objective to adapt to the evolving business landscape.

For further insights into JP:8173 stock, check out TipRanks’ Stock Analysis page.

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