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Shibusawa Warehouse Co., Ltd. ( (JP:9304) ) just unveiled an announcement.
Shibusawa Logistics Corporation has announced a resolution by its Board of Directors to acquire treasury stock as part of its medium-term management plan aimed at improving capital efficiency and strengthening shareholder returns. The acquisition will be conducted through the off-auction trading system ToSTNeT-3, with a maximum of 360,000 shares to be purchased at a total cost of up to 1,593,000,000 yen, reflecting the company’s strategic focus on balancing growth investments with financial soundness.
More about Shibusawa Warehouse Co., Ltd.
Shibusawa Logistics Corporation operates within the logistics industry, focusing on providing comprehensive logistics solutions. The company is listed on the Tokyo Stock Exchange Prime Market and is known for its strategic growth investments and commitment to enhancing shareholder returns.
Average Trading Volume: 22,693
Technical Sentiment Signal: Buy
Current Market Cap: Yen66.82B
For a thorough assessment of 9304 stock, go to TipRanks’ Stock Analysis page.