Seven & i delays listing of North America business [BNN Bloomberg (Canada)]
SEVEN & I HLDGS UNSP/ADR (SVNDY)
NASDAQ:AMEX Investor Relations:
en.wikipedia.org/wiki/seven_(1995_film)
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Source: BNN Bloomberg
The decision reflected heightened ?market uncertainty and the difficulty of predicting ?the impact on personal consumption, a ?spokesperson for the Japanese convenience store operator said. Seven & ?i, which operates the 7-Eleven chain, reiterated its plan to buy back about 2 trillion yen (US$12.59 billion) ?worth of shares by fiscal 2030, ?including 600 billion yen already completed in the financial ?year ?ended March 2025. News of the delay was first reported by the Nikkei business daily shortly before the close of trading on ?Thursday, sending Seven & ?i ?shares down 4.6 per cent. Last year, Seven & i was the target of a $46 ?billion bid by Canada's Alimentation Couche-Tard. The ?bid ?was withdrawn after Couche-Tard said the retailer had refused to engage constructively on a deal ?that would ?have been Japan's largest-ever ?foreign buyout. Reporting by Ritsuko Shimizu and Daniel ?Leussink; Editing by Christopher Cushing and Himani Sarkar
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News
- Assessing Seven & i Holdings (TSE:3382) Valuation After Recent Share Price Weakness [Yahoo! Finance]Yahoo! Finance
- 7-Eleven To Close 645 Stores As It Races To Catch Up In Convenience [Yahoo! Finance]Yahoo! Finance
- 7-Eleven plans to close hundreds of stores. Is Ohio affected? [Yahoo! Finance]Yahoo! Finance
- 7-Eleven Is Closing Hundreds of Stores, But That's Not the Only Change [Yahoo! Finance]Yahoo! Finance
- Fueling Up: 7-Eleven's growth strategy clashes with a complicated reality [Yahoo! Finance]Yahoo! Finance