The latest update is out from IRISO Electronics Co., Ltd. ( (JP:6908) ).
IRISO Electronics Co., Ltd. has announced the acquisition of 264,800 of its own common shares on the Tokyo Stock Exchange, costing approximately ¥706.6 million, as part of a broader buyback strategy resolved by the Board of Directors in November 2024. This strategic move, aimed at enhancing shareholder value, is part of a larger plan to acquire up to 2 million shares, reflecting 8.9% of the total issued shares, with a maximum expenditure cap of ¥6 billion by October 2025.
More about IRISO Electronics Co., Ltd.
IRISO Electronics Co., Ltd. operates in the electronics industry, focusing on the production and distribution of electronic components, primarily connectors. The company is positioned on the Tokyo Stock Exchange under the code 6908 TSE Prime, indicating its significance in the market.
YTD Price Performance: -2.30%
Average Trading Volume: 145,740
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen62.05B
For an in-depth examination of 6908 stock, go to TipRanks’ Stock Analysis page.