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Mitsui DM Sugar Announces Share Buyback Plan

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Mitsui DM Sugar Announces Share Buyback Plan

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An announcement from Mitsui DM Sugar Holdings Co.Ltd ( (JP:2109) ) is now available.

Mitsui DM Sugar Co., Ltd. announced a decision to repurchase up to 1,200,000 shares of its common stock, representing 3.7% of its outstanding shares, through off-auction own share trading on the Tokyo Stock Exchange. This strategic move, with a maximum expenditure of 3,924,000,000 yen, aims to enhance shareholder value and optimize the company’s capital structure.

More about Mitsui DM Sugar Holdings Co.Ltd

Mitsui DM Sugar Co., Ltd. operates in the sugar industry, focusing on the production and distribution of sugar products. The company is listed on the Tokyo Stock Exchange and is known for its commitment to quality and innovation in sugar manufacturing.

Average Trading Volume: 49,827

Technical Sentiment Signal: Buy

Current Market Cap: Yen105.9B

For a thorough assessment of 2109 stock, go to TipRanks’ Stock Analysis page.

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