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Mabuchi Motor Co ( (JP:6592) ) has shared an update.
Mabuchi Motor Co., Ltd. announced the purchase of 104,500 shares of its treasury stock, amounting to ¥280,551,100, as part of a broader plan approved by the board to acquire up to 4,600,000 shares by the end of 2025. This strategic move is aimed at optimizing capital structure and enhancing shareholder value, with the company having already acquired 3,074,400 shares, representing 66.8% of the maximum allowance set for the purchase.
The most recent analyst rating on (JP:6592) stock is a Buy with a Yen2888.00 price target. To see the full list of analyst forecasts on Mabuchi Motor Co stock, see the JP:6592 Stock Forecast page.
More about Mabuchi Motor Co
Mabuchi Motor Co., Ltd. operates in the motor industry, primarily focusing on the production of small electric motors. The company is known for its extensive range of motors used in various applications, including automotive, home appliances, and industrial equipment, catering to a global market.
YTD Price Performance: 25.88%
Average Trading Volume: 372,293
Technical Sentiment Signal: Buy
Current Market Cap: Yen353.6B
See more data about 6592 stock on TipRanks’ Stock Analysis page.