Monex Group ( (JP:8698) ) has provided an update.
Monex Group, Inc. has announced its decision to retire 4,300,000 treasury shares, which constitute 1.7% of its total outstanding shares, as per Article 178 of the Companies Act of Japan. This move, scheduled for March 31, 2025, aims to optimize the company’s capital structure and potentially enhance shareholder value by reducing the number of shares in circulation.
More about Monex Group
Monex Group, Inc. operates in the financial services industry, offering a range of investment and trading services. The company focuses on providing innovative financial solutions and services to individual and institutional investors.
YTD Price Performance: -18.85%
Average Trading Volume: 131
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $1.27B
See more data about 8698 stock on TipRanks’ Stock Analysis page.