Prestige International (JP:4290) has released an update.
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Prestige International Inc. has announced a strategic move to repurchase up to 750,000 shares of its common stock, aiming to enhance shareholder returns and corporate value. This decision aligns with the company’s medium-term business plan targeting a total return ratio of 70% or more by the fiscal year ending March 31, 2025. The repurchase will begin on December 2, 2024, and is expected to optimize the firm’s capital structure.
For further insights into JP:4290 stock, check out TipRanks’ Stock Analysis page.
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