tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Daikokutenbussan Completes Treasury Share Acquisition to Enhance Capital Efficiency

Story Highlights
Daikokutenbussan Completes Treasury Share Acquisition to Enhance Capital Efficiency

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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

Daikokutenbussan Co., Ltd. has completed the purchase of 437,300 treasury shares through the Tokyo Stock Exchange’s off-auction trading system, ToSTNeT-3. This move was prompted by the need to manage the sale of shares by Ms. Kimiko Oga, intended to cover inheritance tax obligations, and aims to mitigate the impact on the company’s stock supply and demand while enhancing capital efficiency.

More about Daikokutenbussan Co

Daikokutenbussan Co., Ltd. operates in the retail industry, focusing on the acquisition and management of treasury shares to maintain capital efficiency and respond to changes in the business environment.

Average Trading Volume: 59,059

Current Market Cap: Yen93.23B

See more data about 2791 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