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The latest update is out from OSG ( (JP:6136) ).
OSG Corporation has announced the cancellation of 3,037,100 shares of its treasury stock, representing 3.06% of the total shares issued before cancellation. This move, decided by the Board of Directors, aims to streamline the company’s share structure and potentially enhance shareholder value by reducing the number of outstanding shares.
More about OSG
OSG Corporation operates in the manufacturing industry, primarily focusing on producing and distributing cutting tools. The company is listed on the Tokyo and Nagoya Stock Exchanges and is known for its strategic market positioning in precision tools.
Average Trading Volume: 355,162
Technical Sentiment Signal: Buy
Current Market Cap: Yen168B
Learn more about 6136 stock on TipRanks’ Stock Analysis page.