tiprankstipranks
Trending News
More News >

Marui Group Completes Treasury Stock Acquisition

Story Highlights

Confident Investing Starts Here:

Marui Group Co ( (JP:8252) ) has provided an update.

Marui Group Co., Ltd. announced the completion of its treasury stock acquisition, which was conducted under the resolution passed by the Board of Directors in November 2024. The acquisition period concluded with the company purchasing 7,210,900 shares, representing a 65.55% progress rate towards the initially planned acquisition of up to 11 million shares, with a total value of 18.55 billion yen, achieving a 92.76% progress rate of the targeted 20 billion yen. This strategic move is likely to impact the company’s stock value and shareholder equity positively.

The most recent analyst rating on (JP:8252) stock is a Hold with a Yen2700.00 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. The company is listed on the Tokyo Stock Exchange and is known for its diverse range of products and services, catering to a broad market segment.

Average Trading Volume: 851,220

Technical Sentiment Signal: Buy

Current Market Cap: Yen577.2B

See more data about 8252 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App