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An announcement from Sankyo Co ( (JP:6417) ) is now available.
Sankyo Co., Ltd. has announced a decision to repurchase up to 30 million of its own shares, representing 13.66% of the total shares issued, excluding treasury stock. This move is intended to enhance capital efficiency, adapt to the changing business environment, and return profits to shareholders, with the repurchase costing up to 60 billion yen and occurring between May 13, 2025, and March 31, 2026, through open market purchases on the Tokyo Stock Exchange.
More about Sankyo Co
Sankyo Co., Ltd. operates in the manufacturing industry, primarily focusing on producing gaming and entertainment machines. The company is listed on the Tokyo Stock Exchange and aims to maintain a strong market presence through strategic financial decisions.
YTD Price Performance: 0.00%
Average Trading Volume: 766,670
Technical Sentiment Signal: Buy
Current Market Cap: Yen454.4B
For an in-depth examination of 6417 stock, go to TipRanks’ Stock Analysis page.