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TSURUHA HOLDINGS Completes Share Exchange with WELCIA, Faces Share Repurchase Requests

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TSURUHA HOLDINGS Completes Share Exchange with WELCIA, Faces Share Repurchase Requests

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TSURUHA Holdings ( (JP:3391) ) has provided an announcement.

TSURUHA HOLDINGS INC. has completed a share exchange agreement with WELCIA HOLDINGS CO., LTD., making TSURUHA the wholly owning parent company and WELCIA a wholly owned subsidiary. Following this integration, dissenting shareholders have requested the repurchase of 27,154,630 shares, and the company plans to address these requests by considering flexible financing methods. The financial impact of these requests is currently undetermined, and further disclosures will be made as necessary.

The most recent analyst rating on (JP:3391) stock is a Hold with a Yen3132.00 price target. To see the full list of analyst forecasts on TSURUHA Holdings stock, see the JP:3391 Stock Forecast page.

More about TSURUHA Holdings

TSURUHA HOLDINGS INC. operates in the retail industry, focusing primarily on the management of drugstores. The company provides a range of pharmaceutical products, cosmetics, and daily necessities, catering to the health and wellness needs of its customers.

YTD Price Performance: 62.50%

Average Trading Volume: 1,673,398

Technical Sentiment Signal: Buy

Current Market Cap: Yen675.3B

For a thorough assessment of 3391 stock, go to TipRanks’ Stock Analysis page.

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