Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
An announcement from Yokohama Rubber Co ( (JP:5101) ) is now available.
Yokohama Rubber Co., Ltd. announced the acquisition of 859,800 shares of its treasury stock, amounting to a total cost of ¥2,991,014,500, as part of a resolution by its Board of Directors. This move is part of a larger plan to acquire up to 2.4 million shares, reflecting the company’s strategy to optimize its capital structure and potentially enhance shareholder value.
More about Yokohama Rubber Co
Yokohama Rubber Co., Ltd. operates in the rubber industry, focusing primarily on the production of tires and other rubber products. The company is a significant player in the global market, known for its innovative solutions and high-quality products.
YTD Price Performance: 9.24%
Technical Sentiment Signal: Strong Sell
Current Market Cap: $3.84B
For detailed information about 5101 stock, go to TipRanks’ Stock Analysis page.