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Shibusawa Logistics Completes Treasury Stock Acquisition

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Shibusawa Logistics Completes Treasury Stock Acquisition

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Shibusawa Warehouse Co., Ltd. ( (JP:9304) ) has provided an update.

Shibusawa Logistics Corporation has completed the acquisition of 352,600 shares of its own stock through an off-auction transaction on the Tokyo Stock Exchange. This move aligns with their medium-term management plan to improve capital efficiency and strengthen shareholder returns, reflecting a strategic focus on growth investments and financial stability.

More about Shibusawa Warehouse Co., Ltd.

Shibusawa Logistics Corporation operates in 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 commitment to enhancing shareholder value and financial soundness.

Average Trading Volume: 22,693

Technical Sentiment Signal: Buy

Current Market Cap: Yen66.82B

Learn more about 9304 stock on TipRanks’ Stock Analysis page.

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