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Mebuki Financial Group Cancels 40 Million Treasury Shares

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Mebuki Financial Group Cancels 40 Million Treasury Shares

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The latest update is out from Mebuki Financial Group, Inc. ( (JP:7167) ).

Mebuki Financial Group, Inc. has announced a significant corporate action involving the cancellation of 40 million of its treasury shares, which represents 4.05% of its issued shares. This move, resolved by the board of directors, is expected to impact the company’s share structure by reducing the total number of issued shares to 947,055,218, potentially affecting shareholder value and market perception.

The most recent analyst rating on (JP:7167) stock is a Buy with a Yen830.00 price target. To see the full list of analyst forecasts on Mebuki Financial Group, Inc. stock, see the JP:7167 Stock Forecast page.

More about Mebuki Financial Group, Inc.

Average Trading Volume: 3,042,458

Technical Sentiment Signal: Buy

Current Market Cap: Yen765.3B

See more insights into 7167 stock on TipRanks’ Stock Analysis page.

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