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TOKYO ROPE MFG. CO., LTD. ( (JP:5981) ) has issued an update.
TOKYO ROPE MFG. CO., LTD. announced the repurchase of 79,100 shares of its common stock at a total cost of ¥98,903,700, executed through market purchases on the Tokyo Stock Exchange. This move is part of a broader strategy approved by the Board of Directors to repurchase up to 250,000 shares, reflecting the company’s effort to manage its capital structure and potentially enhance shareholder value.
More about TOKYO ROPE MFG. CO., LTD.
TOKYO ROPE MFG. CO., LTD. operates in the manufacturing industry, focusing on producing ropes and related products. The company is listed on the Prime Market of the Tokyo Stock Exchange.
YTD Price Performance: 0%
Average Trading Volume: 51,242
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: Yen21.06B
For detailed information about 5981 stock, go to TipRanks’ Stock Analysis page.