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Torishima Pump Announces Share Buyback and Treasury Stock Cancellation

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Torishima Pump Announces Share Buyback and Treasury Stock Cancellation

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An announcement from Torishima Pump Mfg.Co., Ltd. ( (JP:6363) ) is now available.

Torishima Pump Mfg. Co., Ltd. has announced a share buyback and cancellation of treasury stock to enhance shareholder returns and improve capital efficiency. The company plans to acquire up to 600,000 shares, representing 2.25% of its total issued shares, with a maximum acquisition value of 1 billion yen, and will cancel these shares by April 2026.

More about Torishima Pump Mfg.Co., Ltd.

Torishima Pump Mfg. Co., Ltd. operates in the manufacturing industry, focusing on the production of pumps. The company is listed on the Tokyo Stock Exchange Prime Market and is led by CEO Kotaro Harada.

Average Trading Volume: 73,670

Technical Sentiment Signal: Hold

Current Market Cap: Yen55.23B

See more data about 6363 stock on TipRanks’ Stock Analysis page.

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