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SMC (OR) ( (JP:6273) ) has shared an update.
SMC Corporation has completed a share repurchase, acquiring 30,800 of its own shares for approximately 1.945 billion yen through market purchases on the Tokyo Stock Exchange. This action is part of a larger board-approved plan allowing for the repurchase of up to 600,000 shares, demonstrating the company’s commitment to optimizing its capital structure and potentially enhancing shareholder value.
More about SMC (OR)
SMC Corporation operates in the manufacturing industry and is listed on the Tokyo Stock Exchange Prime Market. The company is known for producing a wide range of pneumatic control equipment, offering products that cater to various industrial automation needs.
YTD Price Performance: 10.34%
Average Trading Volume: 3,843
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $26.07B
See more data about 6273 stock on TipRanks’ Stock Analysis page.