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Sankyu Inc. ( (JP:9065) ) has shared an announcement.
Sankyu Inc. has announced its decision to acquire and subsequently cancel a portion of its treasury stock, aiming to enhance corporate value through capital structure optimization and improved shareholder returns. The company plans to acquire up to 5 million shares, representing 9.52% of outstanding shares, with a budget of JPY 20 billion, and will cancel shares exceeding 5% of issued shares by March 2026.
More about Sankyu Inc.
Sankyu Inc. operates in the logistics and industrial services industry, providing comprehensive logistics solutions, plant engineering, and maintenance services. The company is focused on optimizing its capital structure and enhancing shareholder returns.
YTD Price Performance: 20.87%
Average Trading Volume: 169,842
Technical Sentiment Signal: Buy
Current Market Cap: Yen319.5B
For detailed information about 9065 stock, go to TipRanks’ Stock Analysis page.