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The latest update is out from KURABO INDUSTRIES LTD. ( (JP:3106) ).
Kurabo Industries Ltd. has announced the repurchase of 48,700 shares of its common stock, amounting to 361,440,000 yen, as part of a larger share buyback program authorized in November 2024. This move is part of an ongoing effort to repurchase up to 1,300,000 shares by October 2025, reflecting the company’s strategy to enhance shareholder value and optimize its capital structure.
More about KURABO INDUSTRIES LTD.
Kurabo Industries Ltd. operates in the manufacturing industry, focusing on the production of textiles and related products. The company is listed on the Tokyo Stock Exchange and is known for its innovation in textile technology.
Average Trading Volume: 58,834
Technical Sentiment Signal: Buy
Current Market Cap: Yen127.9B
Learn more about 3106 stock on TipRanks’ Stock Analysis page.