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Takara Standard Updates Treasury Share Buyback Status

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Takara Standard Updates Treasury Share Buyback Status

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An update from Takara Standard Co., Ltd ( (JP:7981) ) is now available.

Takara Standard Co., Ltd. has announced the current status of its treasury stock buyback program, which was initiated following a Board of Directors resolution in May 2024. As of the end of January 2025, the company has successfully repurchased 924,100 shares at a cost of approximately ¥1.53 billion, nearing the upper limit of its planned buyback. This strategic move is likely aimed at optimizing the company’s capital structure and potentially enhancing shareholder value.

More about Takara Standard Co., Ltd

Takara Standard Co., Ltd. operates in the manufacturing industry, primarily dealing with the production and sale of residential equipment such as system kitchens, bathrooms, and washstands. The company focuses on providing high-quality and durable products designed to enhance the living standards of its customers, mainly targeting the domestic Japanese market.

YTD Price Performance: -0.59%

Average Trading Volume: 64,713

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen113.5B

For a thorough assessment of 7981 stock, go to TipRanks’ Stock Analysis page.

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