Kawada Tech <3443.T> rebounded, reaching a high of 29 yen at 2,970 yen at one point. After the close on the 13th, it was announced that the treasury stocks would be retired, which was seen as significant news.

The company announced that it would retire 400,000 shares of treasury stocks (which is 2.25% of the issued shares before retirement) as of March 25. It seems that concerns about the treasury stocks being re-released into the market have receded due to this retirement. The number of issued shares after the retirement is expected to be 17,384,210.

As of 9:37 AM, the stock price is up 18 yen from the previous day at 2,959 yen.

Provided by Wealth Advisor Company.