tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Welcia Holdings to Cancel Treasury Stock Ahead of Tsuruha Integration

Story Highlights
  • Welcia Holdings focuses on drugstore management, offering pharmaceuticals and daily necessities.
  • Welcia will cancel treasury shares as part of a merger with Tsuruha Holdings by December 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Welcia Holdings to Cancel Treasury Stock Ahead of Tsuruha Integration

TipRanks Black Friday Sale

Welcia Holdings Co., Ltd. ( (JP:3141) ) has issued an update.

Welcia Holdings Co., Ltd. announced that its Board of Directors has resolved to cancel all of its treasury shares as part of a business integration with Tsuruha Holdings Inc. This decision is aligned with a share exchange agreement where Tsuruha Holdings will acquire all shares of Welcia by December 1, 2025. The cancellation of treasury shares is a strategic move to facilitate the share exchange process, potentially impacting the company’s operational structure and market positioning.

The most recent analyst rating on (JP:3141) stock is a Buy with a Yen3212.00 price target. To see the full list of analyst forecasts on Welcia Holdings Co., Ltd. stock, see the JP:3141 Stock Forecast page.

More about Welcia Holdings Co., Ltd.

Welcia Holdings Co., Ltd. operates in the retail industry, focusing primarily on the management of drugstores. The company offers a range of products including pharmaceuticals, cosmetics, and daily necessities, with a market focus on providing comprehensive healthcare and lifestyle solutions.

Average Trading Volume: 525,590

Technical Sentiment Signal: Buy

Current Market Cap: Yen648B

Find detailed analytics on 3141 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1