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TOHO HOLDINGS Completes Share Acquisition and Plans Treasury Stock Cancellation

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TOHO HOLDINGS Completes Share Acquisition and Plans Treasury Stock Cancellation

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Toho Holdings Co., Ltd. ( (JP:8129) ) just unveiled an update.

TOHO HOLDINGS CO., LTD. has completed the acquisition of its own shares, reaching the upper limit set by the Board of Directors in August 2024. The company plans to cancel 3,405,400 treasury shares, which constitutes 5.44% of the total outstanding shares, by March 31, 2025. This move is expected to impact the company’s share structure and potentially enhance shareholder value.

More about Toho Holdings Co., Ltd.

TOHO HOLDINGS CO., LTD. operates in the pharmaceutical industry, focusing on the distribution and sale of pharmaceutical products. It is listed on the Prime Market of the Tokyo Stock Exchange under the securities code 8129.

YTD Price Performance: -1.78%

Average Trading Volume: 180,760

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen288.1B

Find detailed analytics on 8129 stock on TipRanks’ Stock Analysis page.

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