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T.RAD Co., Ltd. ( (JP:7236) ) just unveiled an update.
T.RAD Co., Ltd. has announced the acquisition of 110,100 shares of its own common stock, amounting to a total acquisition cost of 521,302,500 yen. This move is part of a broader strategy authorized by the Board of Directors to repurchase up to 500,000 shares, with a maximum purchase price of 2,000,000,000 yen, aimed at enhancing shareholder value and optimizing capital structure.
More about T.RAD Co., Ltd.
T.RAD Co., Ltd. operates in the automotive industry, focusing on the production of heat exchangers and other related components. The company is listed on the Tokyo Stock Exchange, Prime Market, and is led by President & CEO Tomio Miyazaki.
Average Trading Volume: 23,859
Technical Sentiment Signal: Buy
Current Market Cap: Yen25.17B
For detailed information about 7236 stock, go to TipRanks’ Stock Analysis page.