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Marui Group Co ( (JP:8252) ) has issued an update.
Marui Group Co., Ltd. announced the completion of its treasury stock acquisition, which was conducted under the provisions of the Companies Act. The acquisition was part of a strategic decision to buy back shares when the stock price did not fully reflect future profitability, resulting in the purchase of 316,900 shares valued at approximately 941 million yen. This move indicates the company’s focus on enhancing shareholder value and reflects its strategic financial management approach.
The most recent analyst rating on (JP:8252) stock is a Hold with a Yen3215.00 price target. To see the full list of analyst forecasts on Marui Group Co stock, see the JP:8252 Stock Forecast page.
More about Marui Group Co
Marui Group Co., Ltd. operates in the retail industry, primarily focusing on department stores and financial services, with a market presence on the Tokyo Stock Exchange.
YTD Price Performance: 27.01%
Average Trading Volume: 804,606
Technical Sentiment Signal: Buy
Current Market Cap: Yen551B
For an in-depth examination of 8252 stock, go to TipRanks’ Overview page.