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ORO Co. Ltd. ( (JP:3983) ) has provided an announcement.
ORO Co., Ltd. has announced a decision to repurchase up to 500,000 shares of its common stock, representing 3.14% of the total issued shares, with a maximum repurchase price of 1,000 million yen. This move aims to strengthen shareholder returns and improve capital efficiency, with plans to cancel the repurchased shares, excluding those for restricted stock compensation.
More about ORO Co. Ltd.
ORO Co., Ltd. operates in the technology industry, focusing on providing innovative solutions and services. The company is listed on the Tokyo Stock Exchange and is committed to enhancing shareholder value and capital efficiency.
Average Trading Volume: 34,408
Technical Sentiment Signal: Buy
Current Market Cap: Yen39.3B
For an in-depth examination of 3983 stock, go to TipRanks’ Stock Analysis page.