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Marui Group Advances Treasury Stock Acquisition

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Marui Group Advances Treasury Stock Acquisition

The latest announcement is out from Marui Group Co ( (JP:8252) ).

Marui Group Co., Ltd. has announced the progress of its treasury stock acquisition, purchasing 1,034,800 shares worth approximately 2.68 billion yen between February 1 and February 28, 2025. This acquisition is part of a larger plan authorized by the Board of Directors to buy back up to 11 million shares, valued at up to 20 billion yen, by May 15, 2025, reflecting a strategic move to optimize capital structure and potentially enhance shareholder value.

More about Marui Group Co

Marui Group Co., Ltd. operates in the retail industry, primarily focusing on department stores and credit card services. The company is listed on the Tokyo Stock Exchange and is known for its customer-centric approach and innovative financial services.

YTD Price Performance: 2.93%

Average Trading Volume: 200

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $3.23B

Find detailed analytics on 8252 stock on TipRanks’ Stock Analysis page.

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