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Glory ( (JP:6457) ) has provided an announcement.
GLORY LTD. announced the acquisition of 487,700 of its own shares, amounting to 1,427,051,300 yen, through market purchases on the Tokyo Stock Exchange between May 14 and May 31, 2025. This move is part of a larger plan approved by the Board of Directors to acquire up to 6,000,000 shares, representing 10.4% of total shares issued, with a maximum budget of 15 billion yen, aimed at strengthening shareholder value and optimizing capital structure.
More about Glory
GLORY LTD., headquartered in Himeji, Japan, specializes in the development and manufacture of cash handling machines and systems. The company offers products based on advanced recognition and mechatronics technology, including cash handling machines, cash management systems, vending machines, and automatic service equipment. GLORY serves various industries such as financial, retail, vending machine, amusement, and gaming across more than 100 countries.
YTD Price Performance: 21.28%
Average Trading Volume: 192,596
Technical Sentiment Signal: Buy
Current Market Cap: Yen159.8B
For a thorough assessment of 6457 stock, go to TipRanks’ Stock Analysis page.