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The latest update is out from TOKYO ROPE MFG. CO., LTD. ( (JP:5981) ).
TOKYO ROPE MFG. CO., LTD. has announced the repurchase of 53,300 shares of its common stock at a total cost of ¥69,557,700, conducted through market purchases on the Tokyo Stock Exchange. This move is part of a broader share repurchase program authorized by the Board of Directors, which allows for the repurchase of up to 250,000 shares, reflecting a strategic effort to enhance shareholder value.
More about TOKYO ROPE MFG. CO., LTD.
TOKYO ROPE MFG. CO., LTD. operates in the manufacturing industry, primarily focusing on the production of ropes and related products. The company is listed on the Prime Market of the Tokyo Stock Exchange.
YTD Price Performance: -2.22%
Average Trading Volume: 33,380
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen20.59B
For detailed information about 5981 stock, go to TipRanks’ Stock Analysis page.