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Maruichi Steel Tube Ltd. ( (JP:5463) ) has shared an announcement.
Maruichi Steel Tube Ltd. announced that it has not acquired any of its own shares during the specified period from June 23 to June 30, 2025, despite having a board resolution allowing for the purchase of up to 3,000,000 shares. The company had set a maximum budget of 12 billion yen for this share repurchase program, which is intended to enhance shareholder value, but no shares have been acquired so far.
More about Maruichi Steel Tube Ltd.
Maruichi Steel Tube Ltd. operates in the steel industry, focusing on the production and distribution of steel tubes. The company is listed on the Tokyo Stock Exchange Prime Market and is known for its commitment to quality and innovation in steel tube manufacturing.
Average Trading Volume: 176,642
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen250.6B
See more insights into 5463 stock on TipRanks’ Stock Analysis page.