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Lion ( (JP:4912) ) has shared an update.
Lion Corporation has announced its decision to cancel 4,650,000 shares of its treasury stock, which constitutes 1.63% of its outstanding shares, as part of a strategy to enhance shareholder value by increasing earnings per share. This move is expected to positively impact the company’s financial metrics and strengthen its market position by optimizing its capital structure.
More about Lion
Lion Corporation operates in the consumer goods industry, focusing on the production and distribution of household and personal care products. The company is listed on the Prime Market of the Tokyo Stock Exchange.
YTD Price Performance: -8.35%
Average Trading Volume: 760
Technical Sentiment Signal: Buy
Current Market Cap: $3.41B
For detailed information about 4912 stock, go to TipRanks’ Stock Analysis page.