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An announcement from WACOAL HOLDINGS ( (JP:3591) ) is now available.
Wacoal Holdings Corp. announced the purchase of 624,700 shares of its own common stock, amounting to approximately 2.97 billion yen, as part of a treasury stock acquisition plan. This move is part of a larger strategy approved by the board to potentially purchase up to 5.8 million shares, reflecting the company’s efforts to optimize its capital structure and enhance shareholder value.
More about WACOAL HOLDINGS
Wacoal Holdings Corp. operates in the apparel industry, primarily focusing on the production and sale of intimate apparel and related products. The company is known for its high-quality lingerie and undergarments, catering to a global market with a strong presence in both domestic and international markets.
Average Trading Volume: 129,944
Technical Sentiment Signal: Buy
Current Market Cap: Yen257.4B
See more data about 3591 stock on TipRanks’ Stock Analysis page.