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Japan Wool Textile Completes Treasury Share Acquisition

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Japan Wool Textile Completes Treasury Share Acquisition

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Japan Wool Textile Co., Ltd. ( (JP:3201) ) just unveiled an update.

Japan Wool Textile Co., Ltd. has completed the acquisition of 2,000,000 treasury shares at a cost of 3,164,000,000 yen through the Tokyo Stock Exchange’s off-auction trading system. This strategic move, resolved by the Board of Directors, is part of the company’s efforts to optimize its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (JP:3201) stock is a Buy with a Yen1615.00 price target. To see the full list of analyst forecasts on Japan Wool Textile Co., Ltd. stock, see the JP:3201 Stock Forecast page.

More about Japan Wool Textile Co., Ltd.

Japan Wool Textile Co., Ltd., also known as NIKKE, operates in the textile industry, focusing on the production and sale of woolen textiles and related products. The company is listed on the Tokyo Stock Exchange and aims to maintain a strong market presence through strategic financial decisions.

Average Trading Volume: 113,696

Technical Sentiment Signal: Buy

Current Market Cap: Yen100.3B

For a thorough assessment of 3201 stock, go to TipRanks’ Stock Analysis page.

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