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Morito Co., Ltd. ( (JP:9837) ) has shared an announcement.
Morito Co., Ltd., a company in the manufacturing sector, has announced its decision to repurchase up to 1,200,000 of its common shares, representing 4.5% of the total outstanding shares, at a maximum cost of 2 billion yen. This move is intended to provide the company with flexibility in capital policies and return profits to shareholders, highlighting Morito’s proactive approach in adapting to market changes and maintaining shareholder value.
More about Morito Co., Ltd.
YTD Price Performance: -4.89%
Average Trading Volume: 62,984
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: Yen39.13B
For an in-depth examination of 9837 stock, go to TipRanks’ Stock Analysis page.