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Exedy Corporation ( (JP:7278) ) has issued an update.
Exedy Corporation announced the acquisition of its own shares, purchasing 1,728,200 common shares for approximately 7.9 billion yen between December 1 and December 31, 2024. This move is part of a larger plan authorized by the Board of Directors to acquire up to 12 million shares, reflecting a strategic effort to enhance shareholder value and consolidate its market position.
More about Exedy Corporation
Exedy Corporation operates within the automotive industry, specializing in manufacturing and supplying automotive parts, with a particular focus on transmission components. The company targets the global automotive market, providing essential products that contribute to vehicle performance and efficiency.
YTD Price Performance: 14.29%
Average Trading Volume: 125
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €1.27B
See more insights into 7278 stock on TipRanks’ Stock Analysis page.
