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World Co. Announces Treasury Share Purchase Post Share Exchange

Story Highlights
  • World Co., Ltd. operates in the apparel industry and focuses on strategic share exchanges.
  • World Co. is purchasing treasury shares to address fractional shares from a recent exchange.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
World Co. Announces Treasury Share Purchase Post Share Exchange

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WORLD CO ( (JP:3612) ) has shared an update.

World Co., Ltd. announced the purchase of treasury shares to address fractional shares resulting from its recent share exchange with Narumiya International Co., Ltd. This strategic move, resolved by the Board of Directors, reflects the company’s commitment to streamline its shareholding structure, potentially enhancing its market position and operational efficiency.

More about WORLD CO

World Co., Ltd. operates in the apparel industry and is listed on the Prime Market of the Tokyo Stock Exchange. The company focuses on becoming a wholly owning parent company through strategic share exchanges, as demonstrated by its recent acquisition of Narumiya International Co., Ltd. as a wholly owned subsidiary.

Average Trading Volume: 205,528

Current Market Cap: Yen97.9B

For a thorough assessment of 3612 stock, go to TipRanks’ Stock Analysis page.

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