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Tokyo Gas Announces Retirement of Treasury Stock

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Tokyo Gas Announces Retirement of Treasury Stock

Confident Investing Starts Here:

TOKYO GAS Co ( (JP:9531) ) has shared an announcement.

Tokyo Gas Co., Ltd. has announced the retirement of 17,803,000 shares of its treasury stock, which constitutes 4.6% of its issued shares prior to the retirement. This move, scheduled for May 23, 2025, will reduce the total number of issued shares to 371,090,859, potentially enhancing shareholder value and optimizing capital structure.

More about TOKYO GAS Co

Tokyo Gas Co., Ltd. operates in the energy sector, primarily focusing on the supply and distribution of natural gas. It is a significant player in the Japanese market, listed on the TSE Prime Market and NSE Prime Market.

YTD Price Performance: 20.76%

Average Trading Volume: 165

Technical Sentiment Signal: Sell

Current Market Cap: $12.88B

For an in-depth examination of 9531 stock, go to TipRanks’ Stock Analysis page.

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