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Sakai Moving Service Announces Share Repurchase

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Sakai Moving Service Announces Share Repurchase

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Sakai Moving Service Co., Ltd. ( (JP:9039) ) has provided an announcement.

Sakai Moving Service Co., Ltd. has announced the repurchase of 44,800 of its own common shares, valued at ¥129,732,600, as part of a broader plan to acquire up to 400,000 shares by March 2026. This move is aimed at enhancing shareholder value and optimizing the company’s capital structure, reflecting a strategic decision by the company’s board to utilize market purchases for this purpose.

The most recent analyst rating on (JP:9039) stock is a Buy with a Yen2844.00 price target. To see the full list of analyst forecasts on Sakai Moving Service Co., Ltd. stock, see the JP:9039 Stock Forecast page.

More about Sakai Moving Service Co., Ltd.

Sakai Moving Service Co., Ltd. operates in the logistics and transportation industry, primarily offering moving services. The company is listed on the Tokyo Stock Exchange and focuses on providing efficient and reliable moving solutions.

Average Trading Volume: 60,898

Technical Sentiment Signal: Buy

Current Market Cap: Yen121.8B

For a thorough assessment of 9039 stock, go to TipRanks’ Stock Analysis page.

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