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Mitsui Matsushima Sets Terms for Share Buyback to Boost PBR

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Mitsui Matsushima Sets Terms for Share Buyback to Boost PBR

Elevate Your Investing Strategy:

Mitsui Matsushima Holdings Co., Ltd. ( (JP:1518) ) has issued an announcement.

Mitsui Matsushima Holdings Co., Ltd. announced its decision to set upper limits and terms for acquiring its own shares, aiming to achieve a price-to-book ratio (PBR) of 1x or above. The acquisition plan, with a budget of 20 billion yen for up to 3.5 million shares, is part of the company’s strategy to respond flexibly to market conditions and enhance shareholder value.

More about Mitsui Matsushima Holdings Co., Ltd.

Mitsui Matsushima Holdings Co., Ltd. operates in the energy sector, primarily focusing on coal production and related services. The company is listed on the Tokyo and Fukuoka Stock Exchanges and is committed to adapting its capital policies to align with market trends.

Average Trading Volume: 52,112

Technical Sentiment Signal: Buy

Current Market Cap: Yen54.05B

See more data about 1518 stock on TipRanks’ Stock Analysis page.

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