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Azbil Corporation Reports Progress on Stock Repurchase Plan
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Azbil Corporation Reports Progress on Stock Repurchase Plan

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Azbil Corporation ( (JP:6845) ) just unveiled an announcement.

Azbil Corporation announced the progress of its stock repurchase program, originally resolved by the Board of Directors in November 2024. The company repurchased 2,986,200 shares for approximately 3.57 billion yen between January 1 and January 31, 2025, as part of a broader plan to buy back up to 24 million shares worth up to 15 billion yen by March 2025. This move aims to enhance shareholder value and optimize the company’s capital structure.

More about Azbil Corporation

Azbil Corporation operates in the technology and automation industry, focusing on developing and providing automation solutions and systems. The company is known for its products and services that enhance operational efficiency and optimize performance for various sectors, including industrial, commercial, and residential markets.

YTD Price Performance: -4.32%

Average Trading Volume: 1,157,455

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen649.2B

For an in-depth examination of 6845 stock, go to TipRanks’ Stock Analysis page.

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