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AMADA CO., LTD. Announces Share Buyback and Cancellation Plan

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AMADA CO., LTD. Announces Share Buyback and Cancellation Plan

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AMADA HOLDINGS CO ( (JP:6113) ) has issued an announcement.

AMADA CO., LTD. announced its decision to acquire and subsequently cancel up to 18 million of its own shares, representing 5.6% of its total issued shares. This move aims to enhance shareholder returns and improve capital efficiency by controlling the increase in net assets through a flexible capital policy.

The most recent analyst rating on (JP:6113) stock is a Buy with a Yen1600.00 price target. To see the full list of analyst forecasts on AMADA HOLDINGS CO stock, see the JP:6113 Stock Forecast page.

More about AMADA HOLDINGS CO

AMADA CO., LTD. operates in the manufacturing industry, specializing in metalworking machinery and equipment. The company focuses on providing innovative solutions for sheet metal fabrication and machine tools, catering to a global market.

Average Trading Volume: 1,571,717

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen484.7B

Find detailed analytics on 6113 stock on TipRanks’ Stock Analysis page.

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