Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest announcement is out from Seibu Holdings, Inc. ( (JP:9024) ).
Seibu Holdings Inc. has announced that its Board of Directors has resolved to retire 17,687,400 shares of its common stock, equivalent to 5.47% of its total issued shares prior to the retirement, under Article 178 of the Companies Act of Japan. The share cancellation, scheduled for January 22, 2026, will reduce the company’s total number of issued shares to 305,775,520, a move that is likely aimed at optimizing capital structure and may enhance shareholder value by increasing the relative ownership stakes of remaining shareholders.
The most recent analyst rating on (JP:9024) stock is a Hold with a Yen5224.00 price target. To see the full list of analyst forecasts on Seibu Holdings, Inc. stock, see the JP:9024 Stock Forecast page.
More about Seibu Holdings, Inc.
Seibu Holdings Inc. is a Japanese company listed on the Prime Market of the Tokyo Stock Exchange under code 9024, operating as a diversified group with core businesses traditionally centered around transportation, real estate, and leisure services in Japan.
Average Trading Volume: 1,562,193
Technical Sentiment Signal: Buy
Current Market Cap: Yen1175.7B
Find detailed analytics on 9024 stock on TipRanks’ Stock Analysis page.