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Daikokutenbussan Co. Announces Treasury Share Repurchase

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Daikokutenbussan Co. Announces Treasury Share Repurchase

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Daikokutenbussan Co ( (JP:2791) ) has shared an update.

Daikokutenbussan Co., Ltd. has announced its decision to purchase treasury shares as a response to a notice from Ms. Kimiko Oga, who intends to sell her shares to pay inheritance tax. The company aims to execute a flexible capital policy and mitigate the short-term impact on stock supply and demand by using the off-auction treasury share repurchase trading system (ToSTNeT-3). This move is also intended to improve capital efficiency and reduce the impact on existing shareholders.

More about Daikokutenbussan Co

Average Trading Volume: 59,059

Current Market Cap: Yen93.23B

Learn more about 2791 stock on TipRanks’ Stock Analysis page.

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