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T.RAD Co., Ltd. Announces Treasury Share Acquisition

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T.RAD Co., Ltd. Announces Treasury Share Acquisition

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T.RAD Co., Ltd. ( (JP:7236) ) has provided an announcement.

T.RAD Co., Ltd. announced its decision to acquire up to 78,000 of its own shares through the Tokyo Stock Exchange’s off-auction trading system, ToSTNeT-3. This move, resolved at a Board of Directors meeting, is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value. The acquisition is set at a maximum price of 345,930,000 yen, and the results will be disclosed on June 25, 2025. This repurchase is separate from a previous resolution and reflects the company’s ongoing efforts to optimize its financial operations.

More about T.RAD Co., Ltd.

T.RAD Co., Ltd. operates in the automotive industry, focusing on the manufacture and sale of heat exchangers and related products. The company is listed on the Tokyo Stock Exchange and targets both domestic and international markets.

Average Trading Volume: 23,733

Technical Sentiment Signal: Buy

Current Market Cap: Yen23.94B

For detailed information about 7236 stock, go to TipRanks’ Stock Analysis page.

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