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An announcement from Star Mica Holdings Co., Ltd. ( (JP:2975) ) is now available.
Star Mica Holdings Co., Ltd. has resolved to acquire up to 450,000 of its own common shares, representing 1.36% of outstanding shares, at a maximum total price of 300,000,000 yen. This decision, part of a medium-term management plan, aims to enhance shareholder returns with a target payout ratio of 40% and reflects a strategic assessment of the company’s financial standing and stock value.
More about Star Mica Holdings Co., Ltd.
Star Mica Holdings Co., Ltd. operates in the real estate industry, primarily focusing on the acquisition, holding, and sale of used condominiums. The company aims to enhance shareholder value and maintain a strong market presence through strategic financial decisions.
YTD Price Performance: 11.98%
Average Trading Volume: 113,966
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen28.71B
For an in-depth examination of 2975 stock, go to TipRanks’ Stock Analysis page.