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SG Holdings Completes Significant Treasury Share Acquisition

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SG Holdings Completes Significant Treasury Share Acquisition

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SG Holdings Co ( (JP:9143) ) has provided an update.

SG Holdings Co., Ltd. has completed the acquisition of 30.3 million treasury shares at a cost of 46.359 billion yen as part of its strategy to enhance shareholder returns and improve capital efficiency. This move aligns with the company’s mid-term management plan, which aims for a total return ratio of 60% or more over three years, balancing shareholder dividends with internal reserves for future growth.

More about SG Holdings Co

SG Holdings Co., Ltd. operates in the logistics and transportation industry, providing services that encompass parcel delivery, freight forwarding, and logistics solutions. The company focuses on enhancing shareholder value and improving capital efficiency through strategic financial management, including dividends and share buybacks.

YTD Price Performance: 3.29%

Average Trading Volume: 1,503,663

Technical Sentiment Signal: Sell

Current Market Cap: Yen971.9B

See more insights into 9143 stock on TipRanks’ Stock Analysis page.

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