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Mitsui DM Sugar Announces Stock Repurchase and Cancellation Plan

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Mitsui DM Sugar Announces Stock Repurchase and Cancellation Plan

Confident Investing Starts Here:

Mitsui DM Sugar Holdings Co.Ltd ( (JP:2109) ) just unveiled an announcement.

Mitsui DM Sugar Co., Ltd. announced a decision to repurchase and cancel a portion of its treasury stock to implement flexible capital policies and improve shareholder returns. The company plans to repurchase up to 1,200,000 shares, representing 3.7% of its outstanding shares, with a budget of 4.4 billion yen, and will cancel these shares to enhance capital efficiency.

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 committed to enhancing shareholder value and capital efficiency.

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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