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Makita Corporation Announces Treasury Share Repurchase

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Makita Corporation Announces Treasury Share Repurchase

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Makita Corporation ( (JP:6586) ) just unveiled an update.

Makita Corporation announced the repurchase of 2,218,500 of its common shares for a total of 9,842,940,100 yen during May 2025. This repurchase is part of a broader plan approved by the board to buy back up to 7,000,000 shares by September 2025, reflecting a strategic move to potentially enhance shareholder value and optimize capital structure.

The most recent analyst rating on (JP:6586) stock is a Buy with a Yen5800.00 price target. To see the full list of analyst forecasts on Makita Corporation stock, see the JP:6586 Stock Forecast page.

More about Makita Corporation

Makita Corporation operates in the manufacturing industry, specializing in power tools and equipment. The company is known for its high-quality products and has a significant market presence globally.

Average Trading Volume: 1,018,444

Technical Sentiment Signal: Hold

Current Market Cap: Yen1161.6B

Learn more about 6586 stock on TipRanks’ Stock Analysis page.

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