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Wacoal Holdings Announces Treasury Stock Purchase

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Wacoal Holdings Announces Treasury Stock Purchase

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WACOAL HOLDINGS ( (JP:3591) ) has shared an update.

Wacoal Holdings Corp. announced the purchase of 233,100 shares of its own common stock, amounting to 1,336,281,400 yen, as part of a previously resolved plan to buy back up to 5,800,000 shares. This move is part of a strategic initiative to manage capital structure and potentially enhance shareholder value, reflecting the company’s commitment to optimizing its financial operations and market positioning.

The most recent analyst rating on (JP:3591) stock is a Hold with a Yen5858.00 price target. To see the full list of analyst forecasts on WACOAL HOLDINGS stock, see the JP:3591 Stock Forecast page.

More about WACOAL HOLDINGS

Wacoal Holdings Corp. operates in the apparel industry, focusing primarily on the design, manufacturing, and retailing of intimate apparel. The company is known for its high-quality lingerie and undergarments, catering to a global market with a strong presence in Asia, North America, and Europe.

Average Trading Volume: 160,336

Technical Sentiment Signal: Buy

Current Market Cap: Yen302.4B

For detailed information about 3591 stock, go to TipRanks’ Stock Analysis page.

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