tiprankstipranks
Trending News
More News >

TSI Holdings Completes Share Repurchase and Plans Cancellation

Story Highlights
TSI Holdings Completes Share Repurchase and Plans Cancellation

Confident Investing Starts Here:

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.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1