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Hibiya Engineering Acquires Own Shares as Part of Strategic Capital Management

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Hibiya Engineering Acquires Own Shares as Part of Strategic Capital Management

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Hibiya Engineering,Ltd. ( (JP:1982) ) has provided an update.

Hibiya Engineering, Ltd. has announced the acquisition of 21,200 of its own shares for a total cost of 83,160,500 yen, as part of a resolution passed by its Board of Directors. This acquisition, conducted through market purchases on the Tokyo Stock Exchange, reflects the company’s strategy to manage its share capital, with a total of 351,200 shares acquired so far under the current resolution, amounting to 1,233,210,500 yen.

More about Hibiya Engineering,Ltd.

Hibiya Engineering, Ltd. operates in the engineering industry, focusing on providing engineering services and solutions. The company is listed on the Tokyo Stock Exchange and engages in activities such as acquiring its own shares as part of its financial strategies.

Average Trading Volume: 37,562

Technical Sentiment Signal: Buy

Current Market Cap: Yen94.42B

See more insights into 1982 stock on TipRanks’ Stock Analysis page.

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