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Roland Corporation to Cancel 1.58 Million Treasury Shares

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Roland Corporation ( (JP:7944) ) has issued an announcement.

Roland Corporation has announced the cancellation of 1,582,379 of its treasury shares, which constitutes 5.62% of its total shares outstanding before the cancellation. This move, approved by the Board of Directors, is set to take effect on April 30, 2025, and will result in a total of 26,580,659 issued shares, potentially impacting shareholder value and market perception.

More about Roland Corporation

Roland Corporation operates in the music industry, specializing in the production of electronic musical instruments, equipment, and software. The company is known for its innovative products and holds a significant position in the global market for musical technology.

YTD Price Performance: -21.81%

Average Trading Volume: 65,968

Technical Sentiment Signal: Buy

Current Market Cap: Yen84.99B

For a thorough assessment of 7944 stock, go to TipRanks’ Stock Analysis page.

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