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Kamigumi Co. Announces Treasury Stock Cancellation

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Kamigumi Co. Announces Treasury Stock Cancellation

Kamigumi Co ( (JP:9364) ) has provided an update.

Kamigumi Co., Ltd. has announced a resolution to cancel 5,500,000 shares of its treasury stock, which represents 4.9% of its total shares issued before cancellation. This strategic move, scheduled for March 25, 2025, aims to optimize the company’s capital structure and potentially enhance shareholder value.

More about Kamigumi Co

Kamigumi Co., Ltd. operates in the logistics industry, providing services related to the transportation and storage of goods. The company is listed on the Prime Market of the Tokyo Stock Exchange.

YTD Price Performance: 6.27%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $2.3B

For detailed information about 9364 stock, go to TipRanks’ Stock Analysis page.

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