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Marui Group Announces Treasury Stock Cancellation

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Marui Group Co ( (JP:8252) ) just unveiled an announcement.

Marui Group Co., Ltd. announced a decision to cancel 25 million shares of its treasury stock, which constitutes 11.98% of its total issued shares. This move is expected to reduce the number of outstanding shares to 183,660,417, potentially impacting shareholder value and market perception positively.

The most recent analyst rating on (JP:8252) stock is a Hold with a Yen2700.00 price target. To see the full list of analyst forecasts on Marui Group Co stock, see the JP:8252 Stock Forecast page.

More about Marui Group Co

Marui Group Co., Ltd. operates in the retail industry, focusing on department stores and financial services. The company is listed on the Tokyo Stock Exchange and is known for integrating retail and credit card services to enhance customer experience.

Average Trading Volume: 829,521

Technical Sentiment Signal: Buy

Current Market Cap: Yen541.5B

See more data about 8252 stock on TipRanks’ Stock Analysis page.

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