Mabuchi Motor Co (JP:6592) has released an update.
Mabuchi Motor Co., Ltd. has successfully completed its treasury stock purchase program, acquiring 154,500 shares worth approximately ¥343.77 million in the open market. This purchase is part of a broader plan approved in August 2024, which allows for up to 2 million shares to be bought back, enhancing shareholder value. The company has acquired a total of 1,360,000 shares, nearing the maximum allowance set for the program.
For further insights into JP:6592 stock, check out TipRanks’ Stock Analysis page.