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Fibergate, Inc. Announces Share Buyback to Boost Capital Efficiency

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Fibergate, Inc. Announces Share Buyback to Boost Capital Efficiency

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The latest announcement is out from Fibergate, Inc. ( (JP:9450) ).

Fibergate, Inc. has announced a decision to acquire up to 150,000 of its own shares, aiming to enhance capital efficiency by considering cash reserves and stock price levels. This strategic move, approved by its Board of Directors, involves a maximum investment of 170 million yen and will be executed through market purchases on the Tokyo Stock Exchange between February 17, 2025, and June 30, 2025.

More about Fibergate, Inc.

Fibergate, Inc. operates in the telecommunications industry, focusing on providing network solutions and internet services. The company is listed on the Prime Market of the Tokyo Stock Exchange under the code 9450.

YTD Price Performance: 9.69%

Average Trading Volume: 90,359

Technical Sentiment Consensus Rating: Hold

Current Market Cap: Yen20.18B

Find detailed analytics on 9450 stock on TipRanks’ Stock Analysis page.

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