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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.