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Hoshizaki Executes Treasury Share Buyback
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Hoshizaki Executes Treasury Share Buyback

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HOSHIZAKI ( (JP:6465) ) has shared an announcement.

HOSHIZAKI CORPORATION has announced the acquisition of 400,500 treasury shares, amounting to 2,553,837,988 yen, through market purchases on the Tokyo Stock Exchange in December 2024. This acquisition is part of a broader plan approved in November 2024 to buy back up to 2.5 million shares, reflecting a strategic move to optimize capital structure and potentially enhance shareholder value.

More about HOSHIZAKI

HOSHIZAKI CORPORATION operates in the manufacturing sector, primarily focusing on producing commercial kitchen equipment. The company is listed on the Tokyo Stock Exchange Prime Market and Nagoya Stock Exchange Premier Market, indicating a strong market presence in Japan.

YTD Price Performance: 0.51%

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $5.76B

Find detailed analytics on 6465 stock on TipRanks’ Stock Analysis page.

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