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WELLNEO SUGAR Co. Retires Significant Treasury Shares

WELLNEO SUGAR Co. Retires Significant Treasury Shares

WELLNEO SUGAR Co.Ltd. (JP:2117) has released an update.

WELLNEO SUGAR Co., Ltd. has announced the retirement of 2,253,388 treasury shares, representing 6.4% of its previously issued shares, as part of its strategic financial adjustments. This move will reduce the total number of issued shares to 32,800,095 and aligns with the company’s plans to implement a restricted share compensation plan for its directors.

For further insights into JP:2117 stock, check out TipRanks’ Stock Analysis page.

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