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SG Holdings Announces Strategic Share Buyback Plan

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SG Holdings Announces Strategic Share Buyback Plan

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SG Holdings Co ( (JP:9143) ) has shared an announcement.

SG Holdings Co., Ltd. announced its decision to acquire up to 55 million of its own shares, representing 8.79% of the total shares issued, with a maximum acquisition cost of 75 billion yen. This move is part of the company’s strategy to enhance shareholder returns and improve capital efficiency, aligning with its Mid-term Management Plan to achieve a cumulative total return ratio of 60% or more over three years.

More about SG Holdings Co

SG Holdings Co., Ltd. operates in the logistics industry, providing comprehensive delivery and logistics services. The company focuses on enhancing shareholder value through strategic financial management and efficient capital allocation.

Average Trading Volume: 1,511,636

Technical Sentiment Signal: Sell

Current Market Cap: Yen961.1B

For an in-depth examination of 9143 stock, go to TipRanks’ Stock Analysis page.

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