tiprankstipranks
Company Announcements

Alfresa Holdings Concludes Share Buyback Program

Story Highlights
Alfresa Holdings Concludes Share Buyback Program

Discover the Best Stocks and Maximize Your Portfolio:

Alfresa Holdings ( (JP:2784) ) has shared an update.

Alfresa Holdings Corporation has successfully completed a share buyback program, repurchasing 1,121,800 shares of its common stock on the Tokyo Stock Exchange for approximately ¥2.31 billion. This move is part of a larger strategy authorized by the Board of Directors to repurchase up to 6 million shares, aiming to enhance shareholder value and optimize capital structure.

More about Alfresa Holdings

The Alfresa Group is a leader in the Japanese healthcare industry, focusing on ethical pharmaceuticals wholesaling, OTC pharmaceuticals wholesaling, pharmaceutical manufacturing, and operating dispensing pharmacies. The company reported a consolidated revenue of ¥2.8 trillion for the fiscal year ended March 31, 2024.

YTD Price Performance: 0.60%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $2.77B

Find detailed analytics on 2784 stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1