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The latest update is out from WACOAL HOLDINGS ( (JP:3591) ).
Wacoal Holdings Corp. announced its board’s decision to purchase and cancel a portion of its treasury stock to enhance shareholder returns and improve capital efficiency. The company plans to buy back up to 5.8 million shares, representing 11.23% of its outstanding shares, with a maximum aggregate purchase price of 28.5 billion yen, and will cancel 3 million shares by May 23, 2025.
More about WACOAL HOLDINGS
Wacoal Holdings Corp. operates in the apparel industry, primarily focusing on the production and sale of intimate apparel and lingerie. The company targets a global market, offering a range of products designed to enhance comfort and style for its customers.
Average Trading Volume: 112,484
Technical Sentiment Signal: Buy
Current Market Cap: Yen266B
For an in-depth examination of 3591 stock, go to TipRanks’ Stock Analysis page.