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Glory ( (JP:6457) ) just unveiled an update.
GLORY LTD. has announced a strategic decision by its Board of Directors to acquire and subsequently cancel its own shares, aiming to achieve a ‘total return ratio of 100% or more’ for the fiscal years ending March 2026 and March 2027. This move is part of a revised ‘Basic Policy on Profit Distribution and Dividends’ under the company’s 2026 Medium-Term Management Plan, reflecting a commitment to enhance shareholder value and optimize capital structure.
More about Glory
GLORY LTD., based in Himeji, Japan, specializes in the development and manufacturing of cash handling machines and systems. Utilizing advanced recognition and mechatronics technology, the company offers a range of products including cash handling machines, cash management systems, vending machines, and automatic service equipment. GLORY serves diverse industries such as financial, retail, vending machine, amusement, and gaming across more than 100 countries.
Average Trading Volume: 149,366
Technical Sentiment Signal: Hold
Current Market Cap: Yen130.7B
See more insights into 6457 stock on TipRanks’ Stock Analysis page.