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V-cube Subsidiary TEN Holdings to Acquire Treasury Shares

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V-cube Subsidiary TEN Holdings to Acquire Treasury Shares

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V-cube, Inc. ( (JP:3681) ) just unveiled an announcement.

V-cube, Inc., through its subsidiary TEN Holdings, Inc., has announced a strategic move to acquire its own shares with the aim of enhancing shareholder value, improving capital efficiency, and implementing a flexible capital policy. This acquisition, capped at USD 1 million, is expected to have no impact on the consolidated statement of income but may reduce the total consolidated assets by up to USD 1 million, reflecting a strategic financial maneuver to optimize capital structure.

More about V-cube, Inc.

YTD Price Performance: -1.77%

Average Trading Volume: 469

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: €29.67M

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