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Lintec ( (JP:7966) ) has issued an update.
Lintec Corporation has announced the acquisition of 736,400 of its own shares through market transactions on the Tokyo Stock Exchange, amounting to 1,918,480,800 yen. This move is part of a broader strategy approved by the Board of Directors to acquire up to 3,000,000 shares, aiming to manage the company’s capital structure and maintain the voting rights percentage held by Nippon Paper Industries at 30.1%.
More about Lintec
Lintec Corporation operates in the manufacturing industry, focusing on producing adhesive-related products and materials. The company is listed on the Tokyo Stock Exchange and is known for its market focus on innovative adhesive technologies.
YTD Price Performance: 2.42%
Average Trading Volume: 100
Technical Sentiment Signal: Strong Sell
Current Market Cap: $1.3B
For detailed information about 7966 stock, go to TipRanks’ Stock Analysis page.