Sojitz ( (JP:2768) ) has issued an update.
Sojitz Corporation announced the progress of its share repurchase program, authorized by its Board of Directors in September 2024. As of February 28, 2025, the company has repurchased 5,875,900 shares at a total cost of JPY 18,827,583,200, with the program set to continue until March 31, 2025. This move is part of Sojitz’s strategy to enhance shareholder value and optimize capital structure, potentially impacting its market positioning and investor relations.
More about Sojitz
Sojitz Corporation operates in the trading industry, focusing on a diverse range of products and services, including machinery, energy, chemicals, and consumer goods. The company is known for its strategic investments and market expansion efforts, primarily in Asia and other emerging markets.
YTD Price Performance: 6.82%
Average Trading Volume: 145
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $4.49B
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