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Marui Group Completes Treasury Stock Disposal with Minimal Impact

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Marui Group Completes Treasury Stock Disposal with Minimal Impact

Marui Group Co ( (JP:8252) ) just unveiled an update.

Marui Group Co., Ltd. has completed the payment procedure for the disposal of treasury stock as restricted stock, initially resolved in a board meeting on November 12, 2024. The number of shares disposed of and their total value were reduced due to a partial forfeiture of rights, as 80 employees either declined the allotment or were no longer eligible. This change is expected to have minimal impact on the company’s current fiscal year business results.

More about Marui Group Co

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

YTD Price Performance: 4.87%

Average Trading Volume: 200

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $3.26B

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

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