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Mabuchi Motor Co ( (JP:6592) ) has shared an update.
Mabuchi Motor Co., Ltd. announced a new plan to purchase and cancel treasury stock, aiming to enhance shareholder returns and improve capital efficiency. This strategic move, distinct from a previous plan, involves purchasing up to 12 million shares, with a maximum cost of ¥19 billion, and reflects the company’s adaptive capital policy in response to changing business environments.
The most recent analyst rating on (JP:6592) stock is a Sell with a Yen2300.00 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, focusing on the production of small electric motors. The company is known for its expertise in manufacturing motors used in a variety of applications, including automotive, home appliances, and industrial equipment, with a strong emphasis on innovation and efficiency.
Average Trading Volume: 354,065
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen289.3B
See more insights into 6592 stock on TipRanks’ Stock Analysis page.