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Kokuyo Co. Announces Strategic Cancellation of Treasury Shares

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Kokuyo Co. Announces Strategic Cancellation of Treasury Shares

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The latest update is out from Kokuyo Co ( (JP:7984) ).

Kokuyo Co., Ltd. announced the cancellation of 22 million treasury shares, which represents 4.75% of its total issued shares, as part of its financial strategy to maintain treasury shares below 2% of total shares. This move is aligned with the company’s fourth medium-term plan, aiming to optimize capital structure and enhance shareholder value.

The most recent analyst rating on (JP:7984) stock is a Buy with a Yen948.00 price target. To see the full list of analyst forecasts on Kokuyo Co stock, see the JP:7984 Stock Forecast page.

More about Kokuyo Co

Kokuyo Co., Ltd. operates in the office supplies and furniture industry, focusing on providing innovative products and solutions for workspace environments.

Average Trading Volume: 964,036

Technical Sentiment Signal: Buy

Current Market Cap: Yen410.9B

For detailed information about 7984 stock, go to TipRanks’ Stock Analysis page.

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