Mabuchi Motor Co ( (JP:6592) ) has issued an update.
Mabuchi Motor Co., Ltd. announced the purchase of 183,600 shares of its treasury stock for approximately ¥426 million between February 18 and February 28, 2025. This move is part of a larger board-approved plan to buy back up to 4.6 million shares, valued at a maximum of ¥7 billion, by December 2025. The buyback is intended to optimize the company’s capital structure and potentially enhance shareholder value.
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, and is known for its innovation and market leadership in motor technology.
YTD Price Performance: 9.25%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.96B
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