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Asahi Diamond Industrial Co ( (JP:6140) ) has provided an announcement.
Asahi Diamond Industrial Co., Ltd. has announced a decision by its Board of Directors to acquire up to 1,600,000 of its own shares, which represents 3.23% of the total shares issued, excluding treasury shares. This move is part of the company’s medium-term management plan aimed at improving capital efficiency and increasing corporate value, with a maximum acquisition cost of ¥1,200,000,000. The acquisition will take place through market purchases on the Tokyo Stock Exchange between August 12, 2025, and December 31, 2025.
More about Asahi Diamond Industrial Co
Asahi Diamond Industrial Co., Ltd. operates in the industrial manufacturing sector, focusing primarily on the production of diamond tools and related products. The company is listed on the Tokyo Prime Market and is known for its commitment to enhancing capital efficiency and corporate value.
Average Trading Volume: 189,467
Current Market Cap: Yen38.94B
For detailed information about 6140 stock, go to TipRanks’ Stock Analysis page.