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An update from Tsubakimoto Chain Co. ( (JP:6371) ) is now available.
Tsubakimoto Chain Co. announced a revision to its previously disclosed plan regarding the acquisition of treasury shares. The correction involves a slight adjustment in the percentage of total outstanding shares to be acquired, now stated as 6.34% instead of 6.12%. This acquisition, valued at up to 10 billion yen, will take place through market purchases on the Tokyo Stock Exchange until December 30, 2025, potentially impacting the company’s stock value and shareholder equity.
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 solutions for industrial and automotive applications, serving a global market.
Average Trading Volume: 253,378
Technical Sentiment Signal: Buy
Current Market Cap: Yen188.5B
For detailed information about 6371 stock, go to TipRanks’ Stock Analysis page.