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The latest announcement is out from Oiles ( (JP:6282) ).
Oiles Corporation has announced the acquisition of its own shares, following a resolution by the Board of Directors in November 2024. The company acquired 151,500 common shares at a total cost of 371,620,000 yen through market purchases on the Tokyo Stock Exchange during December 2024. This is part of a larger plan to acquire up to 1,000,000 shares by April 2025, aiming to enhance shareholder value and optimize capital structure.
More about Oiles
Oiles Corporation operates within the industrial sector and is primarily focused on manufacturing and supplying a variety of products including bearings and other mechanical components. The company is listed on the Tokyo Stock Exchange’s Prime Market and aims to maintain a strong market presence through strategic operational decisions.
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