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TIS Inc. ( (JP:3626) ) just unveiled an announcement.
TIS Inc. has announced its decision to acquire treasury stock through the Tokyo Stock Exchange’s Off-Auction Own Share Repurchase Trading System (ToSTNeT-3). The company plans to purchase up to 900,000 shares at a maximum aggregate acquisition amount of ¥4,156,200,000. This strategic move is part of a broader resolution by the Board of Directors to acquire up to 12,000,000 shares, representing 5.1% of the total shares issued, with a maximum aggregate acquisition amount of ¥42,000,000,000, by the end of 2025. This acquisition is expected to impact the company’s market positioning and shareholder value.
More about TIS Inc.
TIS Inc. operates in the technology sector, focusing on providing IT services and solutions. The company is listed on the Prime Market of the Tokyo Stock Exchange and is known for its innovative approaches in the IT industry.
Average Trading Volume: 855,984
Technical Sentiment Signal: Buy
Current Market Cap: Yen977B
See more data about 3626 stock on TipRanks’ Stock Analysis page.