TSE:9024Transportation
Seibu Holdings (TSE:9024) Valuation After Retiring 5.47% of Shares in Capital Structure Optimization
Why Seibu Holdings is retiring shares now
Seibu Holdings (TSE:9024) has moved from buying back its stock to actually canceling it, with the board approving the retirement of roughly 5.47% of outstanding shares after its latest repurchase program.
This shift from simply holding treasury shares to permanently shrinking the share count signals a clearer commitment to capital efficiency, and it nudges each remaining share to represent a slightly larger slice of the company.
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