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T.RAD Co., Ltd. ( (JP:7236) ) has provided an announcement.
T.RAD Co., Ltd. has completed the acquisition of 65,000 treasury shares, valued at 288,275,000 yen, through the Tokyo Stock Exchange’s off-auction repurchase trading system. This move is part of the company’s strategy to enhance capital efficiency and support the Employee Stock Benefit Trust, aiming to boost employee motivation and improve stock performance.
More about T.RAD Co., Ltd.
T.RAD Co., Ltd. operates in the automotive industry, focusing on the production of heat exchangers and related components. The company is listed on the Tokyo Stock Exchange Prime Market and aims to enhance capital efficiency and motivate employees through strategic financial maneuvers.
Average Trading Volume: 23,733
Technical Sentiment Signal: Buy
Current Market Cap: Yen23.94B
Learn more about 7236 stock on TipRanks’ Stock Analysis page.