Seven & I Holdings Co ( (JP:3382) ) just unveiled an update.
Seven & i Holdings Co., Ltd. announced a proposal to decrease its additional paid-in capital by ¥450 billion, transferring this amount to other capital surplus. This strategic move aims to enhance the company’s future capital strategy and increase the amount available for distribution from retained earnings, although it is expected to have an insignificant effect on the company’s financial results.
More about Seven & I Holdings Co
Seven & i Holdings Co., Ltd. operates in the retail industry, primarily focusing on convenience stores, supermarkets, and department stores. It is a prominent player in the Japanese market, known for its diverse range of consumer goods and services.
YTD Price Performance: -13.66%
Average Trading Volume: 2,232
Technical Sentiment Signal: Buy
Current Market Cap: $35.65B
Learn more about 3382 stock on TipRanks’ Stock Analysis page.