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Sumitomo Osaka Cement to Cancel 3.5% of Its Treasury Shares

Story Highlights
  • Sumitomo Osaka Cement will cancel 1,168,900 treasury shares, or 3.52 percent of stock.
  • The cancellation lowers total issued shares to 32,068,117, potentially boosting shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sumitomo Osaka Cement to Cancel 3.5% of Its Treasury Shares

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Sumitomo Osaka Cement Co ( (JP:5232) ) just unveiled an update.

Sumitomo Osaka Cement Co., Ltd. has resolved to cancel 1,168,900 treasury shares, representing 3.52% of its issued common shares, with the cancellation scheduled for December 26, 2025. Following this move, the total number of issued shares will be reduced to 32,068,117, a step that will tighten the company’s share count and may enhance capital efficiency and shareholder value by increasing the relative ownership stake of remaining shareholders.

The most recent analyst rating on (JP:5232) stock is a Hold with a Yen4025.00 price target. To see the full list of analyst forecasts on Sumitomo Osaka Cement Co stock, see the JP:5232 Stock Forecast page.

More about Sumitomo Osaka Cement Co

Sumitomo Osaka Cement Co., Ltd. is a Japanese manufacturer in the cement and building materials industry, listed on the Tokyo Stock Exchange Prime Market under securities code 5232. The company produces cement and related products that support construction and infrastructure demand in Japan and potentially overseas markets.

Average Trading Volume: 154,093

Technical Sentiment Signal: Buy

Current Market Cap: Yen123B

For a thorough assessment of 5232 stock, go to TipRanks’ Stock Analysis page.

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