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Nippon Concept Corporation to Cancel Treasury Shares

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Nippon Concept Corporation to Cancel Treasury Shares

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Nippon Concept Corp. ( (JP:9386) ) has issued an update.

Nippon Concept Corporation announced the cancellation of 746 treasury shares, which represents 0.01% of its total issued shares, contingent upon the approval of a share consolidation proposal at an upcoming extraordinary shareholders meeting. This move is part of a broader strategy to streamline the company’s share structure, potentially impacting its market positioning and shareholder value.

The most recent analyst rating on (JP:9386) stock is a Hold with a Yen3243.00 price target. To see the full list of analyst forecasts on Nippon Concept Corp. stock, see the JP:9386 Stock Forecast page.

More about Nippon Concept Corp.

Nippon Concept Corporation operates in the logistics industry and is listed on the Prime Market of the Tokyo Stock Exchange. The company focuses on providing logistics solutions, including the management and transportation of various goods.

Average Trading Volume: 107,260

Technical Sentiment Signal: Buy

Current Market Cap: Yen42.16B

Learn more about 9386 stock on TipRanks’ Stock Analysis page.

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