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Kato Sangyo Co. Advances Treasury Stock Acquisition Plan

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Kato Sangyo Co. Advances Treasury Stock Acquisition Plan

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The latest update is out from Kato Sangyo Co ( (JP:9869) ).

Kato Sangyo Co., Ltd. announced the acquisition of 78,000 common shares as part of its treasury stock acquisition plan, with a total value of 452,478,000 yen. This move is part of a larger strategy approved by the Board of Directors to acquire up to 2 million shares, aiming to enhance shareholder value and optimize capital structure.

More about Kato Sangyo Co

Kato Sangyo Co., Ltd. operates in the food distribution industry, focusing on the distribution of a wide range of food products. The company is known for its extensive network and market presence in Japan, catering to various stakeholders in the food supply chain.

Average Trading Volume: 36,159

Current Market Cap: Yen184.6B

See more insights into 9869 stock on TipRanks’ Stock Analysis page.

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