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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
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