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The latest update is out from Tokyo Steel Manufacturing Co ( (JP:5423) ).
Tokyo Steel Manufacturing Co., Ltd. announced the completion of its treasury stock purchase, acquiring 455,300 common shares between May 1 and May 21, 2025, at a cost of ¥715,003,100. This move is part of a broader strategy resolved in July 2024 to acquire up to 6,800,000 shares, enhancing shareholder value and potentially impacting the company’s market positioning.
The most recent analyst rating on (JP:5423) stock is a Buy with a Yen2150.00 price target. To see the full list of analyst forecasts on Tokyo Steel Manufacturing Co stock, see the JP:5423 Stock Forecast page.
More about Tokyo Steel Manufacturing Co
Tokyo Steel Manufacturing Co., Ltd. operates in the steel industry, focusing on the production of steel products. It is a significant player in the market, providing essential materials for various sectors.
YTD Price Performance: 1.92%
Average Trading Volume: 410,555
Technical Sentiment Signal: Hold
Current Market Cap: Yen163.5B
Learn more about 5423 stock on TipRanks’ Stock Analysis page.