IRISO Electronics Announces Share Buyback to Optimize Capital Structure

IRISO Electronics Co., Ltd. ( (JP:6908) ) has issued an update.

IRISO Electronics Co., Ltd. announced the acquisition of 105,900 of its own shares through market purchases on the Tokyo Stock Exchange, costing approximately ¥286.6 million. This move is part of a broader strategy authorized by the Board of Directors to acquire up to 2 million shares, reflecting 8.9% of the total issued shares, with a maximum budget of ¥6 billion. The acquisition aims to enhance shareholder value and optimize capital structure.

More about IRISO Electronics Co., Ltd.

IRISO Electronics Co., Ltd. operates in the electronics industry, focusing on the production and sale of electronic components. The company is listed on the Tokyo Stock Exchange and is known for its innovation in electronic connectors and related technologies.

YTD Price Performance: -0.23%

Average Trading Volume: 102,780

Technical Sentiment Signal: Buy

Current Market Cap: Yen62.99B

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