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Iida Group Holdings Completes Share Repurchase to Boost Capital Efficiency

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Iida Group Holdings Completes Share Repurchase to Boost Capital Efficiency

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Iida Group Holdings Co ( (JP:3291) ) just unveiled an announcement.

Iida Group Holdings Co., Ltd. has completed the repurchase of 4,048,000 of its own shares, representing 1.44% of its issued shares, at a total value of ¥9.18 billion. This strategic move aims to improve capital efficiency and enhance shareholder returns, reflecting the company’s commitment to optimizing its financial structure and providing value to its investors.

More about Iida Group Holdings Co

Iida Group Holdings Co., Ltd. operates in the real estate industry, primarily focusing on the construction and sale of residential properties. The company is listed on the Tokyo Stock Exchange’s Prime Market and is led by President Masashi Kanei.

YTD Price Performance: 1.71%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $4.18B

See more insights into 3291 stock on TipRanks’ Stock Analysis page.

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