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Shinko Shoji Announces Treasury Stock Cancellation and Reserve Reversal

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Shinko Shoji Announces Treasury Stock Cancellation and Reserve Reversal

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Shinko Shoji Co ( (JP:8141) ) has shared an announcement.

Shinko Shoji Co., Ltd. has announced the cancellation of 7,000,000 treasury shares, which represents 18.42% of its total outstanding shares, scheduled for August 29, 2025. Additionally, the company will reverse its general reserve amounting to 6.4 billion yen to retained earnings to facilitate this cancellation, with no impact on its total net assets or business performance.

More about Shinko Shoji Co

Average Trading Volume: 63,493

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen33.07B

For an in-depth examination of 8141 stock, go to TipRanks’ Overview page.

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