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SMC (OR) ( (JP:6273) ) has issued an announcement.
SMC Corporation announced the completion of its share repurchase program, initially resolved by the Board of Directors in August 2024. The company successfully repurchased 399,200 shares for approximately 24.99 billion yen, which is part of a strategic move to enhance shareholder value and optimize capital structure.
More about SMC (OR)
SMC Corporation is a company listed on the Tokyo Stock Exchange Prime Market, known for its operations in the industrial automation sector. It primarily deals with the production and sale of pneumatic control equipment and related products, serving a global market with a focus on innovation and efficiency.
YTD Price Performance: -1.19%
Average Trading Volume: 5,561
Technical Sentiment Signal: Buy
Current Market Cap: $24.72B
For detailed information about 6273 stock, go to TipRanks’ Stock Analysis page.