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Tsugami Corporation Acquires Treasury Shares to Strengthen Market Position

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Tsugami Corporation Acquires Treasury Shares to Strengthen Market Position

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Tsugami Corp. ( (JP:6101) ) has provided an announcement.

Tsugami Corporation announced the acquisition of 173,900 treasury shares valued at approximately 467 million yen, as part of a resolution passed by its Board of Directors. This strategic move, executed on the Tokyo Stock Exchange, reflects the company’s ongoing assessment of financial conditions and stock price trends, potentially impacting its market positioning and shareholder value.

The most recent analyst rating on (JP:6101) stock is a Buy with a Yen3069.00 price target. To see the full list of analyst forecasts on Tsugami Corp. stock, see the JP:6101 Stock Forecast page.

More about Tsugami Corp.

Tsugami Corporation operates in the manufacturing industry, primarily focusing on the production of precision machinery and machine tools. The company is listed on the Tokyo Stock Exchange Prime Market and is known for its advanced technological solutions catering to various industrial sectors.

Average Trading Volume: 265,788

Technical Sentiment Signal: Buy

Current Market Cap: Yen131.9B

Learn more about 6101 stock on TipRanks’ Stock Analysis page.

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