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Tsubakimoto Chain Co. ( (JP:6371) ) has issued an announcement.
Tsubakimoto Chain Co. has completed the acquisition of 162,700 shares of its own treasury stock, with a total purchase cost of 343,042,600 yen. This acquisition is part of a larger plan approved by the Board of Directors to repurchase up to 6,500,000 shares, aiming to enhance shareholder value and optimize capital structure.
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, primarily focusing on the production of chains and power transmission products. The company is listed on the Prime Market of the Tokyo Stock Exchange and is known for its innovative solutions in the field of mechanical components.
Average Trading Volume: 209,660
Technical Sentiment Signal: Buy
Current Market Cap: Yen219.2B
See more data about 6371 stock on TipRanks’ Stock Analysis page.