Ushio ( (JP:6925) ) has provided an update.
USHIO INC. has announced the progress of its treasury share repurchase plan, which was initially resolved on May 14, 2024. As of January 31, 2025, the company has purchased a total of 11,002,800 shares worth approximately 22.69 billion Yen. The recent purchase of 1,421,900 shares in January 2025, valued at nearly 2.95 billion Yen, is part of the ongoing plan to buy back up to 20 million shares by April 2025. This buyback initiative is expected to enhance shareholder value and optimize the company’s capital structure.
More about Ushio
USHIO INC. operates in the technology sector, primarily focusing on the production of lighting equipment. The company is known for its innovative solutions in the lighting industry and holds a significant position in the market.
YTD Price Performance: -1.01%
Average Trading Volume: 378
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $1.35B
Learn more about 6925 stock on TipRanks’ Stock Analysis page.