The latest announcement is out from KOHOKU KOGYO CO. LTD. ( (JP:6524) ).
Kohoku Kogyo Co., Ltd. has completed the repurchase of 1,100,000 of its own shares through the Tokyo Stock Exchange’s off-auction trading system, ToSTNeT-3, as part of its strategy to enhance shareholder returns and improve capital efficiency. The company plans to cancel 1,000,000 of these shares by March 31, 2025, reducing its total issued shares to 26,000,000, which is expected to increase corporate value and benefit stakeholders.
More about KOHOKU KOGYO CO. LTD.
Kohoku Kogyo Co., Ltd. operates in the manufacturing industry, focusing on producing common shares and engaging in capital management activities to enhance shareholder returns and improve capital efficiency.
YTD Price Performance: -23.44%
Average Trading Volume: 150,634
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen61.01B
For a thorough assessment of 6524 stock, go to TipRanks’ Stock Analysis page.