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Kato Sangyo Co ( (JP:9869) ) has provided an announcement.
Kato Sangyo Co., Ltd. announced its decision to acquire treasury stock to enhance capital efficiency and return profits to shareholders. This strategic move is aimed at adapting to changes in the management environment and involves purchasing up to 2 million shares, representing 6.4% of total outstanding shares, with a maximum acquisition value of 10 billion yen. The acquisition will be conducted through market purchases on the Tokyo Stock Exchange and Off-Auction Own Share Repurchase Trading, planned between May 12, 2025, and March 31, 2026.
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 positioned in the market to efficiently manage and distribute food supplies, catering to various consumer needs.
Average Trading Volume: 47,482
Current Market Cap: Yen161.6B
See more data about 9869 stock on TipRanks’ Stock Analysis page.
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