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Press Kogyo Announces Share Buyback and Cancellation

Press Kogyo Announces Share Buyback and Cancellation

Press Kogyo Co., Ltd. (JP:7246) has released an update.

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PRESS KOGYO CO., LTD. has completed the acquisition of treasury shares, purchasing a total of 2,261,000 shares for 1,499,994,000 yen, which will be cancelled on September 30, 2024, resulting in a post-cancellation total of 104,562,470 issued shares. The acquisition, executed through market purchases on the Tokyo Stock Exchange, aligns with the company’s May 13, 2024, board resolution authorizing the buyback of up to 2,500,000 shares.

For further insights into JP:7246 stock, check out TipRanks’ Stock Analysis page.

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