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Nippon Beet Sugar Completes Treasury Share Acquisition

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Nippon Beet Sugar Completes Treasury Share Acquisition

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Nippon Beet Sugar Manufacturing Co., Ltd. ( (JP:2108) ) has provided an announcement.

Nippon Beet Sugar Manufacturing Co., Ltd. completed the acquisition of 81,400 treasury shares for approximately 239.97 million yen, as part of a resolution approved by the Board of Directors. This acquisition is part of a broader strategy to repurchase up to 500,000 shares, enhancing shareholder value and potentially impacting the company’s market position.

The most recent analyst rating on (JP:2108) stock is a Hold with a Yen3099.00 price target. To see the full list of analyst forecasts on Nippon Beet Sugar Manufacturing Co., Ltd. stock, see the JP:2108 Stock Forecast page.

More about Nippon Beet Sugar Manufacturing Co., Ltd.

Nippon Beet Sugar Manufacturing Co., Ltd. operates in the sugar industry, focusing primarily on the production and sale of sugar products. The company is listed on the Tokyo Stock Exchange and is involved in various market activities, including the acquisition of treasury shares.

Average Trading Volume: 30,508

Technical Sentiment Signal: Buy

Current Market Cap: Yen41.66B

See more insights into 2108 stock on TipRanks’ Stock Analysis page.

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