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Kagome Co., Ltd. ( (JP:2811) ) has provided an update.
Kagome Co., Ltd. announced its decision to acquire and subsequently cancel a portion of its treasury shares as part of its financial strategy to improve capital efficiency and enhance shareholder returns. The acquisition aligns with the company’s objective to maintain a total return ratio of 40% and ensure a stable annual cash dividend, reflecting a proactive approach to managing its capital structure and shareholder relations.
More about Kagome Co., Ltd.
Kagome Co., Ltd. operates in the food industry, primarily focusing on the production and sale of tomato-based products and beverages. The company is listed on the Tokyo and Nagoya Stock Exchanges and aims to enhance shareholder value through strategic financial management.
YTD Price Performance: -2.08%
Average Trading Volume: 305,222
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen258.8B
Find detailed analytics on 2811 stock on TipRanks’ Stock Analysis page.