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An update from Haseko ( (JP:1808) ) is now available.
Haseko Corporation announced a strategic acquisition of its own shares from its subsidiary, HASEC Inc., as part of a board-approved resolution. This move involves acquiring 290,723 common shares, representing 0.11% of the total issued shares, for a total cost of approximately ¥581.7 million. This acquisition, executed through an over-the-counter transaction, is expected to impact the company’s treasury share holdings and reflects its ongoing efforts to manage its share capital effectively.
More about Haseko
Haseko Corporation operates in the construction industry, focusing primarily on the development and sale of construction materials and equipment. It is a significant player in the market with a presence in Tokyo and engages in operations that include managing its own shares and assets.
YTD Price Performance: 4.17%
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €3.45B
Learn more about 1808 stock on TipRanks’ Stock Analysis page.
