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Morinaga & Co ( (JP:2201) ) has shared an announcement.
Morinaga & Co., Ltd. has announced a resolution to repurchase and subsequently cancel up to 2,000,000 of its common shares, representing 2.32% of its total issued shares, to enhance shareholder returns and improve capital efficiency. This strategic move, scheduled between May 12 and May 16, 2025, with cancellation set for June 13, 2025, reflects the company’s ongoing efforts to optimize its capital structure and deliver value to its stakeholders.
More about Morinaga & Co
Morinaga & Co., Ltd. operates in the food industry, primarily focusing on the production and sale of confectionery, including chocolates, candies, and biscuits. The company is listed on the Prime Market of the Tokyo Stock Exchange and is known for its commitment to quality and innovation in the confectionery sector.
Average Trading Volume: 256,272
Technical Sentiment Signal: Hold
Current Market Cap: Yen214.3B
Learn more about 2201 stock on TipRanks’ Stock Analysis page.