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An update from TSI Holdings Co ( (JP:3608) ) is now available.
TSI Holdings Co., Ltd. has completed the repurchase of 2,835,600 shares of its common stock, as part of a resolution made by its Board of Directors. The repurchase, which cost approximately 2.999 billion yen, was conducted on the Tokyo Stock Exchange. The company plans to cancel these treasury shares by April 30, 2025, which will adjust the total number of issued shares to 69,757,155. This strategic move is likely aimed at optimizing the company’s capital structure and potentially enhancing shareholder value.
More about TSI Holdings Co
TSI Holdings Co., Ltd. operates in the fashion and apparel industry, primarily focusing on the design, manufacture, and sale of clothing and accessories. The company is listed on the Tokyo Stock Exchange Prime Market and is known for its diverse range of fashion brands catering to various market segments.
YTD Price Performance: 17.85%
Average Trading Volume: 1,132
Technical Sentiment Signal: Strong Sell
Current Market Cap: $542.3M
Learn more about 3608 stock on TipRanks’ Stock Analysis page.