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Pacific Metals Co., Ltd. ( (JP:5541) ) just unveiled an announcement.
Pacific Metals Co., Ltd. announced a resolution by its Board of Directors to acquire up to 2,150,000 of its common shares, representing 11.03% of its issued shares, through the Tokyo Stock Exchange’s off-auction trading system. This move aims to improve capital efficiency and adapt to management environment changes, with a maximum acquisition cost set at 3.9 billion yen.
More about Pacific Metals Co., Ltd.
Pacific Metals Co., Ltd. operates in the metals industry, focusing on the production and distribution of metal products. The company is listed on the Tokyo Stock Exchange and is engaged in enhancing capital efficiency and providing shareholder returns.
Average Trading Volume: 288,057
Technical Sentiment Signal: Buy
Current Market Cap: Yen34.11B
See more insights into 5541 stock on TipRanks’ Stock Analysis page.