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Amano ( (JP:6436) ) has issued an update.
Amano Corporation’s Board of Directors has approved a resolution to acquire up to 900,000 shares of its common stock, representing 1.25% of the total shares issued, with a maximum acquisition cost of JPY 4,000 million. This strategic move aims to enhance shareholder returns, improve capital efficiency, and adapt to the evolving business environment.
More about Amano
Amano Corporation operates in the technology and manufacturing industry, primarily focusing on the production of time information systems, parking systems, and environmental systems. The company is known for its innovative solutions and has a significant presence in the Japanese market.
YTD Price Performance: 8.13%
Technical Sentiment Signal: Strong Sell
Current Market Cap: $2.07B
See more insights into 6436 stock on TipRanks’ Stock Analysis page.