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Stanley Electric Co ( (JP:6923) ) just unveiled an announcement.
Stanley Electric Co., Ltd. has announced a decision by its Board of Directors to retire 15,500,000 shares of its treasury stock, representing 9.25% of the total shares issued and outstanding before retirement. This move, scheduled for March 14, 2025, will reduce the total number of shares to 152,000,000, potentially impacting shareholder value and market perception.
More about Stanley Electric Co
Stanley Electric Co., Ltd. operates in the electronics industry, focusing primarily on the production of lighting equipment and electronic components. The company is known for its innovative solutions and holds a significant position in the market.
YTD Price Performance: 0.55%
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $2.68B
For an in-depth examination of 6923 stock, go to TipRanks’ Stock Analysis page.