Yamato Holdings Co ( (JP:9064) ) has provided an update.
Yamato Holdings Co., Ltd. announced the acquisition of 4,085,000 of its own common shares, totaling approximately 7.4 billion yen. This strategic move, executed through market purchases on the Tokyo Stock Exchange, is part of a larger plan authorized by the Board of Directors to acquire up to 39 million shares by September 2025. The acquisition aims to enhance shareholder value and optimize capital structure.
More about Yamato Holdings Co
Yamato Holdings Co., Ltd. operates within the logistics and transportation industry, primarily offering delivery and courier services. The company is listed on the Tokyo Stock Exchange and focuses on maintaining a strong presence in the Japanese market.
YTD Price Performance: 8.29%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.12B
See more data about 9064 stock on TipRanks’ Stock Analysis page.