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The latest announcement is out from Maruichi Steel Tube Ltd. ( (JP:5463) ).
Maruichi Steel Tube Ltd. has announced the progress of its treasury share repurchase program, acquiring 925,600 shares at a cost of approximately 3.04 billion yen between April 1 and April 30, 2025. This initiative is part of a broader plan approved by the Board of Directors to repurchase up to 5.5 million shares, aiming to enhance shareholder value and optimize capital structure.
More about Maruichi Steel Tube Ltd.
Maruichi Steel Tube Ltd. operates in the steel industry, primarily focusing on the production and distribution of steel tubes. The company is listed on the Tokyo Stock Exchange Prime Market and is recognized for its commitment to quality and innovation in steel manufacturing.
YTD Price Performance: -1.44%
Average Trading Volume: 170,323
Technical Sentiment Signal: Sell
Current Market Cap: Yen242.6B
For detailed information about 5463 stock, go to TipRanks’ Stock Analysis page.