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Yamato Holdings Co ( (JP:9064) ) has shared an update.
Yamato Holdings Co., Ltd. has announced the acquisition of 3,870,000 of its own common shares, amounting to 7,486,378,300 yen, through market purchases on the Tokyo Stock Exchange. This move is part of a larger plan approved by the Board of Directors to acquire up to 39,000,000 shares, which represents 11.36% of the total issued shares, with a budget of up to 50,000,000,000 yen, aimed at optimizing capital structure and enhancing shareholder value.
More about Yamato Holdings Co
Yamato Holdings Co., Ltd. operates in the logistics and transportation industry, primarily providing parcel delivery services. The company is listed on the Prime Market of the Tokyo Stock Exchange and is known for its extensive network and service offerings in Japan.
YTD Price Performance: 14.75%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.36B
See more data about 9064 stock on TipRanks’ Stock Analysis page.