TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
An announcement from Mitsuba Corporation ( (JP:7280) ) is now available.
MITSUBA Corporation’s board of directors has resolved to repurchase fractional shares resulting from a recent share exchange with its subsidiary, Tatsumi Corporation. This move, in accordance with the Companies Act, involves purchasing 74 ordinary shares to streamline the company’s share structure, potentially enhancing shareholder value and operational efficiency.
More about Mitsuba Corporation
MITSUBA Corporation operates in the automotive industry, focusing on the production of electrical components and systems for vehicles. The company is known for its innovative solutions and has a significant presence in the global market, catering to various automotive manufacturers.
Average Trading Volume: 157,875
Technical Sentiment Signal: Hold
Current Market Cap: Yen38.44B
For detailed information about 7280 stock, go to TipRanks’ Stock Analysis page.