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ASICS Advances Treasury Share Repurchase Program

Story Highlights
  • ASICS is a key player in the sportswear industry, focusing on athletic shoes and apparel.
  • ASICS has repurchased 2,633,700 shares, impacting stock value and shareholder returns.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Asics ( (JP:7936) ) has provided an announcement.

ASICS Corporation announced the progress of its treasury share repurchase program, initially resolved by the Board of Directors on February 14, 2025. As of March 31, 2025, ASICS has repurchased 2,633,700 shares at a total cost of JPY 8,569,903,550, with the repurchase conducted via the Tokyo Stock Exchange. This move is part of a larger plan to repurchase up to 7,000,000 shares by September 30, 2025, potentially impacting the company’s stock value and shareholder returns.

More about Asics

ASICS Corporation is a prominent player in the sportswear industry, primarily focusing on the design and manufacturing of athletic shoes and apparel. The company is listed on the Tokyo Stock Exchange and is known for its commitment to innovation and quality in the sports sector.

YTD Price Performance: 19.33%

Average Trading Volume: 641

Technical Sentiment Signal: Sell

Current Market Cap: $14.89B

Find detailed analytics on 7936 stock on TipRanks’ Stock Analysis page.

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