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Takashimaya to Enhance Capital Efficiency by Share Buyback and Cancellation

Takashimaya to Enhance Capital Efficiency by Share Buyback and Cancellation

Takashimaya Company (JP:8233) has released an update.

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Takashimaya Company, Limited plans to enhance shareholder returns and capital efficiency by purchasing and canceling up to 15 million of its common shares, representing 4.8% of outstanding shares, with an aggregate price of 15 billion yen. The shares will be bought on the open market between November 2024 and February 2025, with the cancellation slated for March 31, 2025.

For further insights into JP:8233 stock, check out TipRanks’ Stock Analysis page.

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