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The latest announcement is out from Rhythm Co., Ltd. ( (JP:7769) ).
Rhythm Co., Ltd. has successfully repurchased 291,500 of its own shares through the Tokyo Stock Exchange’s Off-Auction Own Share Repurchase Trading System, at a total cost of ¥999,845,000. This move is part of the company’s strategy to increase corporate value and expand shareholder returns, and it may lead to changes in major shareholders, which will be disclosed if acknowledged.
More about Rhythm Co., Ltd.
Rhythm Co., Ltd. operates in the manufacturing industry, focusing on producing precision instruments and components. The company is committed to enhancing corporate value and shareholder returns, with a market focus on improving capital efficiency and meeting listing criteria.
Average Trading Volume: 37,620
Technical Sentiment Signal: Hold
Current Market Cap: Yen28.04B
For detailed information about 7769 stock, go to TipRanks’ Stock Analysis page.