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T.RAD Co., Ltd. ( (JP:7236) ) has shared an announcement.
T.RAD Co., Ltd. announced the acquisition of 52,400 shares of its treasury stock, amounting to 242,068,000 yen, as part of a larger plan approved by the Board of Directors to repurchase up to 500,000 shares by May 2026. This move is likely aimed at enhancing shareholder value and optimizing the company’s capital structure.
More about T.RAD Co., Ltd.
T.RAD Co., Ltd. operates in the automotive and industrial sectors, focusing on the production of heat exchangers and related components. The company is listed on the Tokyo Stock Exchange and is known for its technological advancements in thermal management solutions.
Average Trading Volume: 24,373
Technical Sentiment Signal: Buy
Current Market Cap: Yen23.6B
Find detailed analytics on 7236 stock on TipRanks’ Stock Analysis page.