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Mirait Holdings Corporation ( (JP:1417) ) has issued an update.
MIRAIT ONE Corporation, a company listed on the TSE Prime Section, announced its decision to cancel 3,000,000 shares of treasury stock, representing 3.2% of its outstanding shares, in accordance with Article 178 of the Companies Act of Japan. This move is scheduled to be completed by February 28, 2025, and will result in a total of 91,325,329 outstanding shares. The cancellation is likely aimed at optimizing the company’s capital structure and could impact shareholder value positively by reducing the number of shares outstanding.
More about Mirait Holdings Corporation
YTD Price Performance: 5.80%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €1.28B
For an in-depth examination of 1417 stock, go to TipRanks’ Stock Analysis page.