Yokohama Rubber Co ( (JP:5101) ) has provided an update.
Yokohama Rubber Co., Ltd. has completed the acquisition of 626,000 shares of its treasury stock, totaling approximately ¥1.82 billion, as part of a resolution made by its Board of Directors in February 2025. This move is part of a larger plan to repurchase up to 2.4 million shares, aiming to enhance shareholder value and optimize capital structure.
More about Yokohama Rubber Co
Yokohama Rubber Co., Ltd. operates in the tire and rubber industry, primarily focusing on the production of tires and other rubber products. The company is known for its market presence in automotive and industrial sectors, providing high-quality rubber solutions.
YTD Price Performance: 5.77%
Technical Sentiment Signal: Strong Sell
Current Market Cap: $3.14B
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