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TOMOE ENGINEERING Announces Treasury Stock Repurchase

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TOMOE ENGINEERING Announces Treasury Stock Repurchase

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TOMOE ENGINEERING CO LTD (TOMOE KOGYO CO LTD) ( (JP:6309) ) has shared an update.

TOMOE ENGINEERING CO., LTD. has announced the repurchase of 374,600 shares of its common stock for a total of 610,723,100 yen, executed through market purchases on the Tokyo Stock Exchange. This move is part of a broader resolution by the Board of Directors to repurchase up to 600,000 shares, aiming to enhance shareholder value and optimize capital structure.

More about TOMOE ENGINEERING CO LTD (TOMOE KOGYO CO LTD)

TOMOE ENGINEERING CO., LTD. operates in the engineering sector, focusing on providing advanced engineering solutions and services. The company is listed on the Tokyo Stock Exchange Prime Market and engages in various engineering projects and manufacturing processes.

Average Trading Volume: 159,120

Technical Sentiment Signal: Buy

Current Market Cap: Yen51.03B

For detailed information about 6309 stock, go to TipRanks’ Stock Analysis page.

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