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Torex Semiconductor Ltd. ( (JP:6616) ) just unveiled an announcement.
Torex Semiconductor Ltd. announced the acquisition of 119,400 of its own shares, amounting to 151,966,700 yen, conducted through market purchases on the Tokyo Stock Exchange. This move is part of a broader strategy approved by the Board of Directors to acquire up to 500,000 shares, aiming to enhance shareholder value and optimize capital structure.
More about Torex Semiconductor Ltd.
Torex Semiconductor Ltd. operates in the semiconductor industry, focusing on the development and production of semiconductor devices. The company is listed on the Prime Market of the Tokyo Stock Exchange and is known for its innovative solutions in electronic components.
YTD Price Performance: -0.21%
Average Trading Volume: 33,977
Technical Sentiment Signal: Buy
Current Market Cap: Yen13.76B
See more data about 6616 stock on TipRanks’ Stock Analysis page.