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

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

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

T.RAD Co., Ltd. announced the acquisition of 65,700 shares of its common stock, amounting to a total cost of 574,542,000 yen, as part of a broader plan to repurchase up to 350,000 shares. This move is part of a strategic initiative to manage its capital structure and potentially enhance shareholder value, with the acquisition period extending until April 2026.

The most recent analyst rating on (JP:7236) stock is a Buy with a Yen10293.00 price target. To see the full list of analyst forecasts on T.RAD Co., Ltd. stock, see the JP:7236 Stock Forecast page.

More about T.RAD Co., Ltd.

T.RAD Co., Ltd. operates within 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 innovative solutions in thermal management systems.

Average Trading Volume: 27,752

Technical Sentiment Signal: Buy

Current Market Cap: Yen52.4B

For an in-depth examination of 7236 stock, go to TipRanks’ Overview page.

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