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Mabuchi Motor Co. Updates on Treasury Stock Purchase

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Mabuchi Motor Co. Updates on Treasury Stock Purchase

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Mabuchi Motor Co ( (JP:6592) ) just unveiled an announcement.

Mabuchi Motor Co., Ltd. announced the status of its treasury stock purchase, revealing that it acquired 825,200 shares at a total cost of ¥1,748,056,050 between April 1 and April 30, 2025. This purchase is part of a broader plan approved by the board to buy back up to 4.6 million shares, with the aim of enhancing shareholder value and optimizing capital structure. As of April 30, 2025, the company has acquired 1,325,200 shares, representing 28.8% of the maximum allowed under the resolution.

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 expertise in manufacturing motors used in a variety of applications, including automotive, home appliances, and industrial equipment.

Average Trading Volume: 417,035

Technical Sentiment Signal: Sell

Current Market Cap: Yen269.2B

See more insights into 6592 stock on TipRanks’ Stock Analysis page.

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