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Mabuchi Motor Co. Announces Progress in Treasury Stock Buyback

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Mabuchi Motor Co. Announces Progress in Treasury Stock Buyback

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Mabuchi Motor Co ( (JP:6592) ) has shared an update.

Mabuchi Motor Co., Ltd. announced the purchase of 361,200 shares of its common stock for approximately ¥769.8 million, as part of a treasury stock buyback program. This move is part of a larger plan approved by the board to purchase up to 4.6 million shares by the end of 2025, aiming to enhance shareholder value and optimize capital structure.

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, primarily focusing on the production of small electric motors. The company serves various sectors, including automotive, home appliances, and industrial equipment, with a strong market presence in these areas.

Average Trading Volume: 367,550

Technical Sentiment Signal: Hold

Current Market Cap: Yen271.1B

Find detailed analytics on 6592 stock on TipRanks’ Stock Analysis page.

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