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Daito Trust Construction Announces Treasury Share Repurchase

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Daito Trust Construction Announces Treasury Share Repurchase

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The latest announcement is out from Daito Construction ( (JP:1878) ).

Daito Trust Construction Co., Ltd announced its decision to repurchase fractional shares resulting from a share exchange with its subsidiary, Housecom Corporation, effective February 1, 2025. This move, approved by Daito’s Board of Directors, involves the acquisition of 48 ordinary shares according to the Companies Act, potentially impacting the company’s shareholder structure and market positioning.

More about Daito Construction

Daito Trust Construction Co., Ltd is a company listed on the Prime Market of the Tokyo Security Exchange and Premier Market of the Nagoya Security Exchange, operating under the securities code 1878. The company specializes in construction and real estate services, with a focus on building and managing rental properties across Japan.

YTD Price Performance: -11.02%

Average Trading Volume: 42

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $7.03B

For an in-depth examination of 1878 stock, go to TipRanks’ Stock Analysis page.

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