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THK Co. Completes Treasury Stock Disposal with Minor Adjustments

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THK Co ( (JP:6481) ) just unveiled an announcement.

THK Co., Ltd. has completed the disposal of its treasury stock as restricted stock compensation, initially resolved at a board meeting on March 15, 2025. The disposal involved a change in the number of shares and total disposal value due to the forfeiture of rights by one allottee. This adjustment is expected to have an immaterial impact on the company’s operating results for the year ending December 31, 2025.

More about THK Co

THK Co., Ltd. operates in the manufacturing industry, primarily focusing on producing linear motion systems and components. The company is listed on the Tokyo Stock Exchange Prime Market and is known for its innovative solutions in motion control technology.

YTD Price Performance: 1.73%

Technical Sentiment Signal: Strong Sell

Current Market Cap: $2.91B

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