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

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

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T.RAD Co., Ltd. ( (JP:7236) ) just unveiled an announcement.

T.RAD Co., Ltd. has completed the acquisition of 118,100 shares of its treasury stock, costing approximately 787.8 million yen, as part of a resolution made by its Board of Directors. This move is part of a broader strategy to repurchase up to 500,000 shares, enhancing shareholder value and potentially stabilizing stock prices.

The most recent analyst rating on (JP:7236) stock is a Buy with a Yen5367.00 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 in the automotive industry, focusing on the production of heat exchangers and related components. The company is listed on the Tokyo Stock Exchange and is known for its commitment to enhancing vehicle performance through innovative thermal management solutions.

Average Trading Volume: 22,734

Technical Sentiment Signal: Buy

Current Market Cap: Yen37.9B

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

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