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Riso Kagaku Corporation ( (JP:6413) ) has provided an update.
Riso Kagaku Corporation’s Board of Directors has approved a plan to purchase up to 660,000 shares of its own treasury stock, representing 1.02% of its total issued shares, at a cost of up to 800 million yen. This strategic move is intended to enhance capital management flexibility and improve earnings distribution to shareholders, potentially strengthening the company’s market position and value proposition.
More about Riso Kagaku Corporation
Riso Kagaku Corporation is a company listed on the Tokyo Stock Exchange Prime Market, known for its involvement in the manufacturing sector. The company specializes in producing and distributing printing equipment and related services, aiming to adapt swiftly to changes in the business environment and maximize shareholder returns.
YTD Price Performance: -11.52%
Average Trading Volume: 57,445
Technical Sentiment Consensus Rating: Hold
Current Market Cap: Yen86.31B
See more data about 6413 stock on TipRanks’ Stock Analysis page.