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Sugimoto & Co., Ltd. ( (JP:9932) ) has provided an announcement.
Sugimoto & Co., Ltd. has announced the acquisition of its own shares as part of a strategic move to manage its stock portfolio. The company acquired 184,500 shares between June 1 and June 30, 2025, at a total cost of 321,486,391 yen. This acquisition is part of a broader plan approved by the Board of Directors to acquire up to 2,500,000 shares by March 31, 2026, with a maximum budget of 3,000 million yen. This move is likely to impact the company’s stock value and shareholder equity, reflecting a strategic focus on consolidating ownership and potentially enhancing shareholder value.
More about Sugimoto & Co., Ltd.
Sugimoto & Co., Ltd. operates in the financial sector and is listed on the Prime Market of the Tokyo Stock Exchange. The company focuses on managing its own shares, as indicated by its recent activities in acquiring its own stock.
Average Trading Volume: 57,827
Technical Sentiment Signal: Buy
Current Market Cap: Yen35.91B
Learn more about 9932 stock on TipRanks’ Stock Analysis page.