TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
SMC (OR) ( (JP:6273) ) just unveiled an announcement.
SMC Corporation announced the completion of a share repurchase program, acquiring 4,000 common shares for approximately 227.6 million yen. This move is part of a broader strategy approved by the board to repurchase up to 600,000 shares, aiming to enhance shareholder value and optimize capital structure.
More about SMC (OR)
SMC Corporation operates in the industrial automation industry, primarily focusing on the production and distribution of pneumatic control equipment. The company is listed on the Tokyo Stock Exchange Prime Market and is recognized for its innovative solutions in automation technology.
YTD Price Performance: -4.78%
Average Trading Volume: 5,408
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $23.72B
For an in-depth examination of 6273 stock, go to TipRanks’ Stock Analysis page.