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Zuken Inc. ( (JP:6947) ) has issued an update.
Zuken Inc. has announced a share repurchase plan authorized by its Board of Directors to buy back up to 750,000 shares, equating to 3.46% of its total outstanding shares, for a maximum of 3 billion yen. This strategic move aims to enhance capital efficiency and increase shareholder returns, reflecting the company’s commitment to optimizing its financial structure and delivering value to its investors.
More about Zuken Inc.
Zuken Inc. operates in the technology industry, focusing on the development and provision of software solutions for electronic design automation (EDA). The company is listed on the Tokyo Stock Exchange and is known for its innovative products that cater to the needs of engineers and designers in the electronics sector.
Average Trading Volume: 64,812
Technical Sentiment Signal: Buy
Current Market Cap: Yen118.3B
For detailed information about 6947 stock, go to TipRanks’ Stock Analysis page.