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An update from WACOAL HOLDINGS ( (JP:3591) ) is now available.
Wacoal Holdings Corp. announced the purchase of 415,700 shares of its own common stock, valued at approximately 2.16 billion yen, as part of a broader plan to acquire up to 5.8 million shares. This strategic move, executed through market purchases and off-auction trading, aims to enhance shareholder value and optimize capital structure, reflecting the company’s commitment to efficient capital management.
More about WACOAL HOLDINGS
Wacoal Holdings Corp. operates in the apparel industry, primarily focusing on the design, manufacturing, and marketing 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 Asia and expanding operations worldwide.
Average Trading Volume: 156,695
Technical Sentiment Signal: Buy
Current Market Cap: Yen310.1B
Learn more about 3591 stock on TipRanks’ Stock Analysis page.