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Leopalace21 ( (JP:8848) ) just unveiled an update.
Leopalace21 Corporation has announced its decision to cancel a significant portion of its treasury stock, amounting to 132,046,640 shares, which represents 28.3% of its total issued shares. This move aims to reduce the company’s treasury stock to a target maximum holding ratio of 5.0%, facilitating future employee stock compensation and potentially impacting shareholder value positively.
The most recent analyst rating on (JP:8848) stock is a Buy with a Yen753.00 price target. To see the full list of analyst forecasts on Leopalace21 stock, see the JP:8848 Stock Forecast page.
More about Leopalace21
Leopalace21 Corporation operates in the real estate industry, focusing on providing housing solutions. The company is known for its apartment construction and leasing services, primarily targeting the urban housing market in Japan.
Average Trading Volume: 1,443,425
Technical Sentiment Signal: Buy
Current Market Cap: Yen330.6B
See more data about 8848 stock on TipRanks’ Stock Analysis page.