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Moriroku Holdings Co., Ltd. ( (JP:4249) ) just unveiled an announcement.
Moriroku Holdings Co., Ltd. has announced the cancellation of 450,000 treasury shares, which represents 3.03% of its total issued shares, as part of its strategy to enhance shareholder returns and improve capital efficiency. This move, scheduled for June 30, 2025, will reduce the total number of issued shares to 14,410,000 and leave the company with 4,819 treasury shares, reflecting its commitment to optimizing its capital structure.
More about Moriroku Holdings Co., Ltd.
Average Trading Volume: 38,068
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen36.25B
For a thorough assessment of 4249 stock, go to TipRanks’ Stock Analysis page.