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Kagome Co., Ltd. ( (JP:2811) ) has issued an announcement.
Kagome Co., Ltd. announced its plan to acquire up to 300,000 of its own shares, representing 0.32% of its total issued shares, via the Tokyo Stock Exchange Trading Network Off-Auction Own Share Repurchase Trading System. This strategic move, with a maximum total acquisition cost of 854,550,000 yen, aims to enhance shareholder value and optimize the company’s capital structure, potentially impacting its stock performance and market perception positively.
More about Kagome Co., Ltd.
Kagome Co., Ltd. is a company listed on the Tokyo Stock Exchange Prime Market and Nagoya Stock Exchange Premier Market. It specializes in the food industry, primarily focusing on the production and distribution of tomato-based products and beverages.
YTD Price Performance: -2.08%
Average Trading Volume: 305,222
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen258.8B
Learn more about 2811 stock on TipRanks’ Stock Analysis page.