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Kagome Co., Ltd. Completes Initial Treasury Stock Acquisition

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Kagome Co., Ltd. Completes Initial Treasury Stock Acquisition

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

Kagome Co., Ltd. announced that it acquired 300,000 shares of its treasury stock at a cost of 854,550,000 yen through the Tokyo Stock Exchange’s ToSTNeT-3 system. This acquisition is part of a broader plan approved by the Board of Directors to purchase up to 3,200,000 shares, costing up to 8 billion yen by August 2025, which may influence the company’s market positioning and shareholder value.

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. It is listed on the Tokyo Stock Exchange Prime Market and the Nagoya Stock Exchange Premier Market.

YTD Price Performance: -2.08%

Average Trading Volume: 305,222

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen258.8B

See more insights into 2811 stock on TipRanks’ Stock Analysis page.

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