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Mabuchi Motor Co ( (JP:6592) ) just unveiled an announcement.
Mabuchi Motor Co., Ltd. announced the purchase of 512,000 shares of its common stock for approximately ¥1.1 billion, as part of a broader plan to acquire up to 4.6 million shares by the end of 2025. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting a significant commitment to its stock buyback program.
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 wide range of motor products used in various applications, including automotive, home appliances, and industrial equipment.
YTD Price Performance: -3.38%
Average Trading Volume: 369,598
Technical Sentiment Signal: Buy
Current Market Cap: Yen276.4B
For an in-depth examination of 6592 stock, go to TipRanks’ Stock Analysis page.