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Rheon Automatic Machinery Co ( (JP:6272) ) has shared an update.
Rheon Automatic Machinery Co., Ltd. announced a correction to its previous notice regarding the disposal of treasury shares as restricted stock incentives for its Employee Shareholding Association. The correction clarifies that the disposal does not require an interim report under the Financial Instruments and Exchange Act, impacting the company’s compliance procedures but not its operational strategy.
More about Rheon Automatic Machinery Co
Rheon Automatic Machinery Co., Ltd. operates in the machinery industry, specializing in the production of automatic machinery. The company is listed on the Tokyo Stock Exchange Prime Market and is led by President & CEO Mikio Kobayashi.
YTD Price Performance: -13.67%
Average Trading Volume: 72,487
Technical Sentiment Signal: Sell
Current Market Cap: Yen33.29B
For a thorough assessment of 6272 stock, go to TipRanks’ Stock Analysis page.