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Medley, Inc. ( (JP:4480) ) has shared an update.
Medley, Inc. has announced a share repurchase plan following a resolution at its Board of Directors meeting. This move aims to enhance shareholder returns and provide stock compensation to its executive officers and employees. The company plans to repurchase up to 400,000 common shares, representing 1.2% of its total shares issued, with an aggregate repurchase amount of up to 1,500 million yen. Additionally, Medley intends to dispose of treasury shares as part of its stock compensation strategy, planning to allocate approximately 400 million yen in restricted stock by April.
More about Medley, Inc.
YTD Price Performance: 2.61%
Average Trading Volume: 70
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €796M
For a thorough assessment of 4480 stock, go to TipRanks’ Stock Analysis page.
