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Stanley Electric Co ( (JP:6923) ) has issued an update.
Stanley Electric Co. has announced the completion of a significant purchase of its own treasury stock, acquiring 1,746,800 shares at a total cost of 4.47 billion yen between December 1 and December 31, 2024. This move is part of a larger strategy approved by the Board of Directors to purchase up to 13 million shares by March 31, 2025, aiming to strengthen shareholder value and optimize its capital structure.
More about Stanley Electric Co
Stanley Electric Co., Ltd. operates in the electronics industry, primarily focusing on the production and sale of automotive lighting equipment and electronic components. The company is listed on the Tokyo Stock Exchange and has a significant market presence in Japan.
YTD Price Performance: -0.52%
Average Trading Volume: 566
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.68B
See more data about 6923 stock on TipRanks’ Stock Analysis page.