Gungho Online Entertainment ( (JP:3765) ) just unveiled an announcement.
GungHo Online Entertainment, Inc. announced the progress of its treasury share acquisition, following a resolution made on February 14, 2025. The company acquired 615,300 common shares at a total price of 1,889,776,200 yen through the Tokyo stock exchange between February 17 and February 28, 2025. This acquisition is part of a larger plan to acquire up to 1.8 million shares, with a maximum budget of 5 billion yen, by March 24, 2025. The move is likely aimed at enhancing shareholder value and optimizing capital structure.
More about Gungho Online Entertainment
GungHo Online Entertainment, Inc. operates in the digital entertainment industry, focusing on developing and publishing online games. The company is known for its popular mobile and online games, catering to a global market.
YTD Price Performance: -2.43%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.09B
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