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Asahi Diamond Industrial Co ( (JP:6140) ) has provided an announcement.
Asahi Diamond Industrial Co., Ltd. has announced a decision to cancel 2,000,000 of its own shares, representing 3.85% of the total shares issued before the cancellation. This strategic move, scheduled for August 22, 2025, is aimed at optimizing the company’s capital structure and potentially enhancing shareholder value by reducing the total number of issued shares to 49,888,600.
More about Asahi Diamond Industrial Co
Asahi Diamond Industrial Co., Ltd. operates in the manufacturing industry, focusing on the production of diamond tools and related products. The company is listed on the Tokyo Prime Market and is known for its innovative solutions in the diamond tool sector.
Average Trading Volume: 189,467
Current Market Cap: Yen38.94B
Learn more about 6140 stock on TipRanks’ Stock Analysis page.