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Nihon Chouzai Announces Retirement of Treasury Shares

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Nihon Chouzai Announces Retirement of Treasury Shares

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The latest update is out from Nihon Chouzai Co ( (JP:3341) ).

Nihon Chouzai Co., Ltd. has announced its decision to retire 1,125,909 of its treasury shares, constituting 3.626% of its total issued shares, pending shareholder approval at an upcoming Extraordinary General Meeting. This move is part of a broader strategy involving share consolidation and amendments to the company’s articles of incorporation, aiming to optimize its capital structure and enhance shareholder value.

The most recent analyst rating on (JP:3341) stock is a Hold with a Yen3834.00 price target. To see the full list of analyst forecasts on Nihon Chouzai Co stock, see the JP:3341 Stock Forecast page.

More about Nihon Chouzai Co

Nihon Chouzai Co., Ltd. operates in the healthcare industry, focusing on pharmaceutical services and products. The company is listed on the Tokyo Stock Exchange Prime Market and is led by President and CEO Kazunori Ogi.

Average Trading Volume: 257,920

Technical Sentiment Signal: Buy

Current Market Cap: Yen113.3B

For an in-depth examination of 3341 stock, go to TipRanks’ Overview page.

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