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Takashimaya Company ( (JP:8233) ) just unveiled an announcement.
Takashimaya Company, Limited has completed its planned purchase of treasury shares, acquiring 1,484,700 common shares at an aggregate price of 2,471,118,036 yen through open market transactions on the Tokyo Stock Exchange. This purchase is part of a broader initiative resolved by the Board of Directors to buy back up to 15 million shares, with a maximum budget of 15 billion yen, to enhance shareholder value and address key ESG issues. The company plans to allocate the ESG contributions from this scheme to tackle its significant environmental, social, and governance challenges, with further details to be disclosed upon finalization.
The most recent analyst rating on (JP:8233) stock is a Buy with a Yen1454.00 price target. To see the full list of analyst forecasts on Takashimaya Company stock, see the JP:8233 Stock Forecast page.
More about Takashimaya Company
Takashimaya Company, Limited operates in the retail industry, focusing primarily on department stores. It offers a wide range of consumer goods and services, catering to a diverse market segment in Japan and internationally.
Average Trading Volume: 2,698,401
Technical Sentiment Signal: Buy
Current Market Cap: Yen492.4B
Learn more about 8233 stock on TipRanks’ Stock Analysis page.