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An update from Makita Corporation ( (JP:6586) ) is now available.
Makita Corporation announced the repurchase of 244,300 of its common shares at a total purchase price of 1,023,776,000 yen, as part of a broader plan approved by its board to repurchase up to 7,000,000 shares. This strategic move is aimed at optimizing the company’s capital structure and potentially enhancing shareholder value.
More about Makita Corporation
Makita Corporation operates in the manufacturing industry, primarily focusing on producing power tools and equipment. The company is known for its innovative solutions and has a significant presence in the global market.
Average Trading Volume: 1,043,565
Technical Sentiment Signal: Buy
Current Market Cap: Yen1175.2B
Find detailed analytics on 6586 stock on TipRanks’ Stock Analysis page.