Mabuchi Motor Co (JP:6592) has released an update.
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Mabuchi Motor Co., Ltd. has successfully completed its treasury stock purchase program, acquiring 154,500 shares worth approximately ¥343.77 million in the open market. This purchase is part of a broader plan approved in August 2024, which allows for up to 2 million shares to be bought back, enhancing shareholder value. The company has acquired a total of 1,360,000 shares, nearing the maximum allowance set for the program.
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