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Torishima Pump Mfg. Co., Ltd. Completes Share Repurchase

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Torishima Pump Mfg. Co., Ltd. Completes Share Repurchase

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Torishima Pump Mfg.Co., Ltd. ( (JP:6363) ) just unveiled an update.

Torishima Pump Mfg. Co., Ltd. has successfully repurchased 143,800 of its own shares through the Tokyo Stock Exchange’s off-auction trading system, at a total cost of ¥258,840,000. This move is part of a broader strategy approved by the board to acquire up to 600,000 shares by March 2026, with the intention to cancel these treasury shares by April 2026, potentially impacting shareholder value and market perception.

More about Torishima Pump Mfg.Co., Ltd.

Torishima Pump Mfg. Co., Ltd. operates in the industrial manufacturing sector, specializing in the production of pumps. The company is listed on the Tokyo Stock Exchange Prime Market and focuses on providing high-quality pump solutions for various industries.

Average Trading Volume: 72,677

Technical Sentiment Signal: Sell

Current Market Cap: Yen47.25B

Find detailed analytics on 6363 stock on TipRanks’ Stock Analysis page.

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