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KOHOKU KOGYO CO. LTD. ( (JP:6524) ) just unveiled an update.
Kohoku Kogyo Co., Ltd. has announced a strategic move to repurchase and cancel its own shares, aiming to enhance shareholder returns and improve capital efficiency. This decision aligns with their medium-term management plan to boost corporate value by setting targets for capital efficiency and dividend payout ratios. The transaction involves a significant repurchase of 1,200,000 shares, with measures in place to ensure fairness and protect minority shareholders, including the involvement of a special committee and independent directors.
More about KOHOKU KOGYO CO. LTD.
YTD Price Performance: -20.63%
Average Trading Volume: 152,246
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen63.25B
For detailed information about 6524 stock, go to TipRanks’ Stock Analysis page.