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Mixi ( (JP:2121) ) just unveiled an update.
MIXI, Inc. announced the retirement of 2,400,000 common shares, representing 3.26% of its total outstanding shares, as part of a strategic move to optimize its capital structure. This decision, resolved in a Board of Directors meeting, will reduce the total number of outstanding shares to 71,330,850, potentially enhancing shareholder value and reflecting the company’s commitment to efficient capital management.
More about Mixi
Average Trading Volume: 240,512
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen213B
For a thorough assessment of 2121 stock, go to TipRanks’ Stock Analysis page.