Gungho Online Entertainment ( (JP:3765) ) just unveiled an announcement.
GungHo Online Entertainment, Inc. has completed the acquisition of 1,023,600 treasury shares at a total price of 3,110,047,700 yen, as part of a resolution by the Board of Directors. This strategic move, executed on the Tokyo stock exchange, reflects the company’s efforts to manage its capital structure and potentially enhance shareholder value.
More about Gungho Online Entertainment
GungHo Online Entertainment, Inc. operates in the online entertainment industry, focusing primarily on developing and distributing online games. The company is known for its innovative gaming products and has a significant presence in the Japanese market.
YTD Price Performance: -4.62%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.07B
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