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Aichi Steel Completes Treasury Share Acquisition to Boost Shareholder Returns

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Aichi Steel Corporation ( (JP:5482) ) has provided an update.

Aichi Steel Corporation has completed the acquisition of 3,100,000 treasury shares through the Tokyo Stock Exchange’s off-auction trading system, at a cost of ¥26,257,000,000. This move is part of the company’s medium-term management plan aimed at enhancing shareholder returns and improving capital efficiency.

More about Aichi Steel Corporation

Aichi Steel Corporation operates in the steel industry, focusing on producing a wide range of steel products. The company is listed on the Tokyo Stock Exchange Prime and NSE Premier, indicating its significant presence in the market.

Average Trading Volume: 175,634

Technical Sentiment Signal: Buy

Current Market Cap: Yen164.5B

Learn more about 5482 stock on TipRanks’ Stock Analysis page.

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