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Nippon Beet Sugar Manufacturing Co., Ltd. ( (JP:2108) ) has shared an update.
Nippon Beet Sugar Manufacturing Co., Ltd. has announced a resolution to repurchase up to 100,000 of its common shares through the Tokyo Stock Exchange’s off-auction trading system, ToSTNeT-3, at a total cost of up to 244.6 million yen. This strategic move is part of a broader plan approved by the Board of Directors to acquire up to 500,000 shares, representing 4.02% of its issued shares, with a total acquisition cost of up to 1 billion yen, aimed at enhancing shareholder value.
More about Nippon Beet Sugar Manufacturing Co., Ltd.
Nippon Beet Sugar Manufacturing Co., Ltd. operates in the sugar manufacturing industry, primarily focusing on the production and distribution of beet sugar products. The company is listed on the Tokyo Stock Exchange and is known for its market presence in Japan.
Average Trading Volume: 21,940
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen34.27B
For detailed information about 2108 stock, go to TipRanks’ Stock Analysis page.