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Asahi Diamond Industrial Co ( (JP:6140) ) has provided an update.
Asahi Diamond Industrial Co., Ltd. announced the status of its ongoing acquisition of own shares, which was initially resolved at a Board of Directors meeting in February 2025. As of May 31, 2025, the company has acquired 1,519,800 shares at a total cost of ¥1,146,987,600, as part of a plan to purchase up to 2,000,000 shares by August 31, 2025. This strategic move is aimed at optimizing the company’s capital structure and potentially enhancing shareholder value.
More about Asahi Diamond Industrial Co
Asahi Diamond Industrial Co., Ltd. operates in the industrial sector, specializing in the production and sale of diamond tools and related products. The company is listed on the Tokyo Prime Market and focuses on providing high-quality tools for various industrial applications.
Average Trading Volume: 203,668
Current Market Cap: Yen37.96B
Find detailed analytics on 6140 stock on TipRanks’ Stock Analysis page.