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Syuppin Co., Ltd. ( (JP:3179) ) just unveiled an announcement.
Syuppin Co., Ltd. has announced a strategic move to enhance capital efficiency and shareholder returns through a share buyback and cancellation of treasury stock. The company plans to repurchase up to 1.25 million shares, representing 5.7% of its outstanding shares, with a budget of 1 billion yen. This initiative aligns with their revised dividend payout policy and aims to boost corporate value by investing in inventory and EC-related technologies, while maintaining flexibility based on market conditions.
More about Syuppin Co., Ltd.
Average Trading Volume: 297,060
Technical Sentiment Signal: Buy
Current Market Cap: Yen21.86B
For a thorough assessment of 3179 stock, go to TipRanks’ Stock Analysis page.