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Wacoal Holdings Completes Treasury Stock Purchase

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Wacoal Holdings Completes Treasury Stock Purchase

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WACOAL HOLDINGS ( (JP:3591) ) has issued an announcement.

Wacoal Holdings Corp. has completed the purchase of 384,900 shares of its treasury stock for approximately 1.99 billion yen, as part of a resolution made in May 2024. This stock buyback, conducted through the Tokyo Stock Exchange, is part of a larger plan to purchase up to 7.3 million shares, aimed at enhancing shareholder value and optimizing capital structure.

More about WACOAL HOLDINGS

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

YTD Price Performance: -2.31%

Technical Sentiment Signal: Strong Sell

Current Market Cap: $1.81B

See more insights into 3591 stock on TipRanks’ Stock Analysis page.

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