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LITALICO Inc. Completes Stock Acquisition Rights Cancellation

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LITALICO Inc. Completes Stock Acquisition Rights Cancellation

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LITALICO Inc. ( (JP:7366) ) has shared an update.

LITALICO Inc. announced the completion of the acquisition and cancellation of its 18th, 19th, and 20th rounds of stock acquisition rights, which were initially issued to repay short-term loans for acquiring the Developmental Disability Center of Nebraska, LLC. The company used cash on hand and bank borrowings to settle these loans, and the impact on its consolidated performance for the current fiscal year is expected to be negligible.

The most recent analyst rating on (JP:7366) stock is a Buy with a Yen2120.00 price target. To see the full list of analyst forecasts on LITALICO Inc. stock, see the JP:7366 Stock Forecast page.

More about LITALICO Inc.

LITALICO Inc. operates in the industry of developmental support services, focusing on providing educational and employment assistance to individuals with disabilities. The company is listed on the Tokyo Prime market and is known for its initiatives in supporting people with developmental challenges.

Average Trading Volume: 184,585

Technical Sentiment Signal: Hold

Current Market Cap: Yen47.49B

Learn more about 7366 stock on TipRanks’ Stock Analysis page.

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