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KURABO INDUSTRIES LTD. ( (JP:3106) ) has provided an update.
Kurabo Industries Ltd. announced the repurchase of 55,700 shares of its common stock for a total cost of 452,700,000 yen, conducted through market purchases on the Tokyo Stock Exchange. This move is part of a broader share repurchase program authorized by the company’s board, which aims to repurchase up to 1,300,000 shares by October 2025, reflecting a strategic effort to enhance shareholder value and optimize capital structure.
The most recent analyst rating on (JP:3106) stock is a Buy with a Yen8170.00 price target. To see the full list of analyst forecasts on KURABO INDUSTRIES LTD. stock, see the JP:3106 Stock Forecast page.
More about KURABO INDUSTRIES LTD.
Kurabo Industries Ltd. operates in the industrial sector, focusing on the production and distribution of textiles, chemicals, and machinery. The company is listed on the Tokyo Stock Exchange and is known for its diverse range of products and market presence.
Average Trading Volume: 65,607
Technical Sentiment Signal: Buy
Current Market Cap: Yen129.9B
See more data about 3106 stock on TipRanks’ Stock Analysis page.