The latest announcement is out from Star Micronics Co., Ltd ( (JP:7718) ).
Star Micronics Co., Ltd. has completed the retirement of 9,000,000 of its own common stock shares, which accounted for 21.75% of its pre-retirement issued shares, as per a resolution made by its Board of Directors. This strategic move reduces the total number of issued shares to 32,373,034, potentially enhancing shareholder value by increasing the ownership percentage of remaining shares and signaling confidence in the company’s financial health.
More about Star Micronics Co., Ltd
YTD Price Performance: -16.07%
Average Trading Volume: 256
Technical Sentiment Signal: Buy
Current Market Cap: €351.6M
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