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Kagome Co., Ltd. Announces Treasury Share Acquisition

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Kagome Co., Ltd. Announces Treasury Share Acquisition

Kagome Co., Ltd. ( (JP:2811) ) just unveiled an announcement.

Kagome Co., Ltd. announced the acquisition of 752,600 treasury shares at a cost of 2,152,387,000 yen, as part of a resolution to acquire up to 3,200,000 shares by August 31, 2025. This strategic move is aimed at optimizing the company’s capital structure and enhancing shareholder value, reflecting a proactive approach in managing its equity and market presence.

More about Kagome Co., Ltd.

Kagome Co., Ltd. operates in the food industry, primarily focusing on the production and distribution of tomato-based products and beverages. The company is listed on the Tokyo Stock Exchange Prime Market and the Nagoya Stock Exchange Premier Market.

YTD Price Performance: -2.51%

Average Trading Volume: 331,005

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen257.7B

Find detailed analytics on 2811 stock on TipRanks’ Stock Analysis page.

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