Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Yokohama Rubber Co ( (JP:5101) ) just unveiled an update.
Yokohama Rubber Co., Ltd. announced the acquisition of 352,200 shares of its treasury stock, amounting to a total cost of ¥1,186,054,800, as part of a resolution by its Board of Directors. This move is part of a broader plan to acquire up to 2.4 million shares, with a maximum expenditure of ¥6 billion, aimed at optimizing capital structure and enhancing shareholder value.
More about Yokohama Rubber Co
Yokohama Rubber Co., Ltd. operates in the tire and rubber industry, providing a wide range of products including tires for various vehicles, industrial products, and other rubber-based goods. The company focuses on innovation and quality to maintain its competitive position in the global market.
YTD Price Performance: 2.54%
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $3.57B
Learn more about 5101 stock on TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue