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The latest update is out from User Local, Inc. ( (JP:3984) ).
User Local, Inc. has announced the purchase of 43,900 shares of its own common stock, valued at 78,153,100 yen, as part of a buyback program authorized by its board of directors. This move, conducted through market purchases on the Tokyo Stock Exchange, is part of a larger plan to buy back up to 180,000 shares, which represents approximately 1.12% of the company’s total issued shares, with a maximum budget of 300,000,000 yen. The buyback is expected to enhance shareholder value and optimize the company’s capital structure.
More about User Local, Inc.
User Local, Inc. operates in the technology industry, focusing on developing software solutions and services. The company is listed on the Tokyo Stock Exchange’s Prime Market and is known for its innovative approaches in the tech sector.
Average Trading Volume: 58,760
Technical Sentiment Signal: Buy
Current Market Cap: Yen30.39B
For an in-depth examination of 3984 stock, go to TipRanks’ Stock Analysis page.