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Maruichi Steel Tube Ltd. ( (JP:5463) ) has provided an update.
Maruichi Steel Tube Ltd. announced the completion of its treasury stock acquisition, which was conducted under the provisions of its Articles of Incorporation and in accordance with a resolution passed by its Board of Directors. The acquisition period ended on June 20, 2025, with a total of 4,921,900 shares acquired at a cost of approximately 16.99 billion yen. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
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 significant presence in the steel manufacturing sector.
Average Trading Volume: 182,937
Technical Sentiment Signal: Buy
Current Market Cap: Yen247.1B
For an in-depth examination of 5463 stock, go to TipRanks’ Overview page.