Sodick Advances Share Buyback, Repurchasing Nearly Half of Authorized Shares

Sodick ( (JP:6143) ) has shared an update.

Sodick has disclosed progress on its ongoing share buyback program, acquiring 315,800 shares of common stock for about ¥443.8 million on the Tokyo Stock Exchange between March 1 and March 31, 2026. This activity forms part of a broader authorization approved in February allowing purchases of up to 1,000,000 shares or ¥1 billion through mid-April.

As of March 31, the company has cumulatively repurchased 492,100 shares for approximately ¥693.2 million under this mandate, signaling a continued commitment to shareholder returns and capital efficiency. The buyback reduces the free float and may support earnings per share, underscoring management’s confidence in the firm’s valuation and its strategy in the competitive industrial machinery market.

The most recent analyst rating on (JP:6143) stock is a Buy with a Yen1440.00 price target. To see the full list of analyst forecasts on Sodick stock, see the JP:6143 Stock Forecast page.

More about Sodick

Sodick Co., Ltd. is a Japanese manufacturer listed on the TSE Prime Market that specializes in industrial machinery, particularly precision equipment such as electrical discharge machines used in manufacturing. The company serves global manufacturing sectors that rely on high-precision production technologies and capital equipment investment cycles.

Average Trading Volume: 456,014

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen62.93B

See more data about 6143 stock on TipRanks’ Stock Analysis page.