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Osaki Electric Co., Ltd. ( (JP:6644) ) has shared an update.
Osaki Electric Co., Ltd. has repurchased 164,000 of its own shares for a total of 134,248,300 yen as part of a broader initiative approved by the board in August 2024. This move is part of a larger plan to repurchase up to 2.5 million shares, aiming to strengthen shareholder value and optimize capital structure.
More about Osaki Electric Co., Ltd.
Osaki Electric Co., Ltd. operates in the electronics industry, focusing on the production and distribution of electric meters and related equipment. The company is listed on the Tokyo Stock Exchange and is known for its strategic initiatives in enhancing shareholder value.
YTD Price Performance: 4.82%
Average Trading Volume: 123,533
Technical Sentiment Signal: Sell
Current Market Cap: Yen39.67B
See more insights into 6644 stock on TipRanks’ Stock Analysis page.