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Asahi Group Reports Progress on Treasury Share Acquisition

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Asahi Group Reports Progress on Treasury Share Acquisition

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Asahi Group Holdings ( (JP:2502) ) has provided an update.

Asahi Group Holdings has announced the progress of its treasury share acquisition, purchasing 19,357,600 shares at a total cost of 33,450,330,123 JPY 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 45 million shares, reflecting a strategic effort to manage capital and potentially enhance shareholder value.

The most recent analyst rating on (JP:2502) stock is a Buy with a Yen2350.00 price target. To see the full list of analyst forecasts on Asahi Group Holdings stock, see the JP:2502 Stock Forecast page.

More about Asahi Group Holdings

Asahi Group Holdings, Ltd. operates in the beverage industry, primarily focusing on the production and distribution of alcoholic and non-alcoholic beverages. The company is listed on the Tokyo Stock Exchange and is known for its market presence in Japan and internationally.

Average Trading Volume: 6,365,383

Technical Sentiment Signal: Sell

Current Market Cap: Yen2525.9B

See more data about 2502 stock on TipRanks’ Stock Analysis page.

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