SCREEN Holdings Co ( (JP:7735) ) has provided an update.
SCREEN Holdings Co., Ltd. has completed the acquisition of 1,242,500 shares of its common stock, totaling approximately ¥11 billion, as part of a broader share buyback program authorized by its Board of Directors. This strategic move, executed on the Tokyo Stock Exchange, is part of a plan to acquire up to 4 million shares, aiming to enhance shareholder value and optimize capital structure.
More about SCREEN Holdings Co
SCREEN Holdings Co., Ltd. operates in the technology sector, focusing on the production and development of semiconductor manufacturing equipment and related technology solutions. The company is a key player in the global market, providing innovative products that support the advancement of semiconductor technology.
YTD Price Performance: 3.15%
Average Trading Volume: 741
Technical Sentiment Signal: Buy
Current Market Cap: $5.29B
Learn more about 7735 stock on TipRanks’ Stock Analysis page.