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Maruichi Steel Tube Ltd. Completes Share Repurchase

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Maruichi Steel Tube Ltd. Completes Share Repurchase

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Maruichi Steel Tube Ltd. ( (JP:5463) ) just unveiled an update.

Maruichi Steel Tube Ltd. has completed a share repurchase of 2,889,100 common shares at a cost of 3,777,498,250 yen through the ToSTNeT-3 system. This move is part of a broader capital policy strategy to adapt to changing business conditions, with a maximum of 9 million shares authorized for repurchase by March 2026.

The most recent analyst rating on (JP:5463) stock is a Buy with a Yen1433.00 price target. To see the full list of analyst forecasts on Maruichi Steel Tube Ltd. stock, see the JP:5463 Stock Forecast page.

More about Maruichi Steel Tube Ltd.

Maruichi Steel Tube Ltd. operates in the steel industry, focusing primarily on the production and distribution of steel tubes. The company is listed on the Tokyo Stock Exchange Prime Market and is led by Chairman Representative Director and CEO, Hiroyuki Suzuki.

Average Trading Volume: 666,243

Technical Sentiment Signal: Buy

Current Market Cap: Yen314.7B

See more data about 5463 stock on TipRanks’ Stock Analysis page.

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