TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
The latest update is out from SBI RHEOS HIFUMI Inc. ( (JP:165A) ).
SBI RHEOS HIFUMI Inc. has announced a decision to acquire its own shares, a move aimed at mitigating the impact of a major shareholder selling their stake, improving capital efficiency, and potentially increasing earnings per share for existing shareholders. This acquisition will be conducted through the Tokyo Stock Exchange’s off-auction own share repurchase trading system, with a maximum of 6,000,000 shares to be bought at a total cost of up to 1,200,000,000 yen.
More about SBI RHEOS HIFUMI Inc.
SBI RHEOS HIFUMI Inc. operates in the financial sector, focusing on enhancing corporate value and encouraging long-term investment through initiatives like stock splits, new dividend policies, and shareholder benefits programs.
YTD Price Performance: 9.89%
Average Trading Volume: 1,295,008
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: Yen20.68B
See more insights into 165A stock on TipRanks’ Stock Analysis page.