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Monex Group ( (JP:8698) ) has provided an update.
Monex Group, Inc. announced the progress of its ongoing share repurchase program, revealing that it repurchased 341,400 shares at an aggregate cost of 363,439,600 yen in December 2024. This share buyback effort is part of a larger plan approved in July 2024 to repurchase up to 14 million shares by June 2025, aimed at enhancing shareholder value and optimizing the company’s capital structure.
More about Monex Group
Monex Group, Inc. operates in the financial services industry, focusing on online brokerage and financial technology solutions. The company is known for providing a range of investment services and trading platforms, primarily targeting investors in Japan and other markets.
YTD Price Performance: 0.08%
Average Trading Volume: 301
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $1.57B
See more data about 8698 stock on TipRanks’ Stock Analysis page.
