The latest update is out from Cosmo Energy Holdings Co., Ltd. ( (JP:5021) ).
Cosmo Energy Holdings Co., Ltd. announced a resolution to repurchase up to 3 million shares of its common stock, representing 3.52% of its outstanding shares, with a maximum aggregate value of JPY 18.0 billion. This strategic move, approved by the Board of Directors, is aimed at optimizing the company’s capital structure and returning value to shareholders through off-floor transactions and regular market trades on the Tokyo Stock Exchange.
More about Cosmo Energy Holdings Co., Ltd.
Cosmo Energy Holdings Co., Ltd. operates in the energy sector, focusing primarily on oil and gas. It is listed on the Tokyo Stock Exchange and is engaged in various activities related to energy exploration, production, and distribution.
YTD Price Performance: -4.94%
Average Trading Volume: 384,426
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen575.9B
For a thorough assessment of 5021 stock, go to TipRanks’ Stock Analysis page.