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Mitsubishi Pencil Company, Limited ( (JP:7976) ) has issued an update.
Mitsubishi Pencil Company, Limited announced the acquisition of 342,600 treasury shares between April 1 and April 30, 2025, as part of a previously resolved plan to acquire up to 1,000,000 shares. This strategic move, with a total acquisition price of ¥820,435,100, is part of the company’s ongoing efforts to manage its capital structure and potentially enhance shareholder value.
More about Mitsubishi Pencil Company, Limited
Mitsubishi Pencil Company, Limited operates in the stationery industry, primarily focusing on the production and sale of writing instruments such as pencils, pens, and markers. The company is known for its innovative products and holds a significant position in the global market for writing instruments.
YTD Price Performance: -1.74%
Average Trading Volume: 122,251
Technical Sentiment Signal: Sell
Current Market Cap: Yen119.4B
For a thorough assessment of 7976 stock, go to TipRanks’ Stock Analysis page.