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Exedy Corporation Advances Share Buyback Program

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The latest announcement is out from Exedy Corporation ( (JP:7278) ).

Exedy Corporation announced the acquisition of 1,072,200 of its own shares in February 2025, as part of a broader buyback program authorized by the Board of Directors in October 2024. This move, conducted through open market purchases on the Tokyo Stock Exchange, is part of a strategy to enhance shareholder value and optimize capital structure, with a maximum target of acquiring 12 million shares by October 2025.

More about Exedy Corporation

Exedy Corporation operates in the automotive industry, focusing on the production of clutches and torque converters. The company is known for its advanced technology and innovation in the automotive parts sector, serving a global market with a strong emphasis on quality and performance.

YTD Price Performance: 13.49%

Average Trading Volume: 50

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €1.42B

For detailed information about 7278 stock, go to TipRanks’ Stock Analysis page.

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