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THK Co ( (JP:6481) ) just unveiled an announcement.
THK CO., LTD., a company listed on the Tokyo Stock Exchange Prime Market, has announced the acquisition of 4,535,100 of its common shares at a total cost of 16,938,508,052 yen during February 2025. This acquisition is part of a larger plan approved by the Board of Directors to purchase up to 20,000,000 shares, representing 16.31% of shares outstanding, with a maximum budget of 40 billion yen. The ongoing acquisition is aimed at enhancing shareholder value and optimizing capital structure.
More about THK Co
YTD Price Performance: 7.97%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3.09B
See more data about 6481 stock on TipRanks’ Stock Analysis page.