tiprankstipranks
Trending News
More News >

GungHo Online Entertainment Advances Treasury Share Acquisition

Story Highlights

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

For detailed information about 3765 stock, go to 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