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TSI Holdings Reports Progress on Share Repurchase Plan

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TSI Holdings Reports Progress on Share Repurchase Plan

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TSI Holdings Co ( (JP:3608) ) just unveiled an update.

TSI Holdings Co., Ltd. announced its progress in the repurchase of treasury stock as part of a resolution made by the Board of Directors. As of February 3, 2025, the company has repurchased 518,700 shares at a total cost of 603,531,800 yen on the Tokyo Stock Exchange. This repurchase is part of a larger plan to buy back up to 3,400,000 shares by March 31, 2025, with an overall budget of 3 billion yen. The repurchase could impact the company’s stock market performance and shareholder value by reducing the number of outstanding shares.

More about TSI Holdings Co

TSI Holdings Co., Ltd. operates in the apparel industry, primarily focused on designing, manufacturing, and retailing fashion products. The company is listed on the Tokyo Stock Exchange Prime Market and is led by Representative Director & President, Tsuyoshi Shimoji.

YTD Price Performance: 19.95%

Average Trading Volume: 1,450

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $569.5M

Find detailed analytics on 3608 stock on TipRanks’ Stock Analysis page.

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