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Nagaileben Announces Treasury Shares Cancellation and Reserve Reversal

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Nagaileben Announces Treasury Shares Cancellation and Reserve Reversal

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Nagaileben Co., Ltd. ( (JP:7447) ) has provided an update.

Nagaileben Co., Ltd. announced the cancellation of 5,000,000 treasury shares, which constitutes 14% of its outstanding shares, and a reversal of its general reserve to facilitate this cancellation. This strategic move, scheduled for November 28, 2025, is an accounting transfer within the net assets section and will not impact the company’s profitability, maintaining its financial stability.

More about Nagaileben Co., Ltd.

Nagaileben Co., Ltd. operates in the healthcare industry, focusing on the production and distribution of medical and healthcare uniforms. The company is known for its high-quality products that cater to the needs of healthcare professionals.

Average Trading Volume: 130,032

Technical Sentiment Signal: Sell

Current Market Cap: Yen54.17B

See more data about 7447 stock on TipRanks’ Stock Analysis page.

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