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Tsubakimoto Chain Co. ( (JP:6371) ) just unveiled an update.
Tsubakimoto Chain Co. announced the acquisition of 177,300 shares of its treasury stock at a total cost of 381,126,500 yen, executed through market purchases on the Tokyo Stock Exchange between October 1 and October 31, 2025. This move is part of a broader strategy resolved by the Board of Directors to purchase up to 6,500,000 shares, with a maximum expenditure of 10 billion yen, aimed at optimizing the company’s capital structure and enhancing shareholder value.
The most recent analyst rating on (JP:6371) stock is a Buy with a Yen2340.00 price target. To see the full list of analyst forecasts on Tsubakimoto Chain Co. stock, see the JP:6371 Stock Forecast page.
More about Tsubakimoto Chain Co.
Tsubakimoto Chain Co. operates in the manufacturing industry, specializing in the production of chains and power transmission products. The company focuses on providing high-quality products for various applications, including automotive and industrial sectors, and is listed on the Prime Market of the Tokyo Stock Exchange.
Average Trading Volume: 232,360
Technical Sentiment Signal: Buy
Current Market Cap: Yen226.9B
For an in-depth examination of 6371 stock, go to TipRanks’ Overview page.