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Bando Chemical Industries Announces Share Buyback Plan

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Bando Chemical Industries Announces Share Buyback Plan

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Bando Chemical Industries Ltd. ( (JP:5195) ) just unveiled an update.

Bando Chemical Industries, Ltd. announced the acquisition of 76,300 of its own shares, amounting to a total cost of 124,256,894 yen, as part of a broader plan approved by the Board of Directors to acquire up to 1,800,000 shares by April 30, 2026. This strategic move is aimed at optimizing the company’s capital structure and potentially enhancing shareholder value, reflecting a proactive approach in managing its financial resources.

More about Bando Chemical Industries Ltd.

Bando Chemical Industries, Ltd. operates in the chemical industry, focusing on the production of industrial rubber and plastic products. The company is known for its manufacturing of conveyor belts, transmission belts, and other rubber-based products, serving a global market.

Average Trading Volume: 39,334

Technical Sentiment Signal: Hold

Current Market Cap: Yen68.38B

See more data about 5195 stock on TipRanks’ Stock Analysis page.

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