tiprankstipranks
Trending News
More News >

Yorozu Corporation Acquires Treasury Stock to Enhance Shareholder Value

Story Highlights
Yorozu Corporation Acquires Treasury Stock to Enhance Shareholder Value

Confident Investing Starts Here:

Yorozu Corporation ( (JP:7294) ) has issued an announcement.

Yorozu Corporation has announced the acquisition of 82,500 shares of its treasury stock, amounting to 90,726,100 yen, through market purchases on the Tokyo Stock Exchange. This move is part of a broader resolution to acquire up to 250,000 shares, with a maximum expenditure of 300,000,000 yen, aimed at enhancing shareholder value and optimizing capital structure.

More about Yorozu Corporation

Yorozu Corporation operates in the automotive industry, focusing on manufacturing and supplying automotive components. The company is listed on the Tokyo Stock Exchange and is known for its commitment to innovation and quality in its products.

YTD Price Performance: -28.57%

Average Trading Volume: 77,208

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen20.49B

See more data about 7294 stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1