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Furukawa Co., Ltd. Announces Share Cancellation

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Furukawa Co., Ltd. Announces Share Cancellation

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The latest update is out from Furukawa Co., Ltd. ( (JP:5715) ).

Furukawa Co., Ltd. has announced that it will cancel 4 million of its own shares, representing 9.88% of the total issued shares before cancellation. This strategic move, scheduled for February 28, 2025, aims to consolidate ownership and potentially enhance shareholder value, reflecting a significant financial decision impacting the company’s share structure.

More about Furukawa Co., Ltd.

YTD Price Performance: 32.98%

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: €508.1M

For detailed information about 5715 stock, go to TipRanks’ Stock Analysis page.

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