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Kawasaki Kisen Kaisha ( (JP:9107) ) has shared an announcement.
Kawasaki Kisen Kaisha, Ltd. (“K” LINE) has completed the cancellation of 36,000,000 shares of its treasury stock, which represents 5.33% of the total shares outstanding before cancellation. This move, resolved by the Board of Directors, is part of a share repurchase plan initiated in November 2024, aimed at enhancing shareholder value and optimizing the company’s capital structure.
More about Kawasaki Kisen Kaisha
Kawasaki Kisen Kaisha, Ltd. (“K” LINE) operates in the shipping and logistics industry, providing maritime transportation services. The company focuses on sustainability and environmental management as part of its corporate strategy.
YTD Price Performance: 5.82%
Average Trading Volume: 5,002
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $9.8B
For detailed information about 9107 stock, go to TipRanks’ Stock Analysis page.