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Sanyo Denki Completes Treasury Stock Acquisition

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The latest announcement is out from Sanyo Denki Co., Ltd. ( (JP:6516) ).

Sanyo Denki Co., Ltd. announced the completion of its treasury stock acquisition, purchasing 101,000 common shares for approximately ¥973,640,000 through the Tokyo Stock Exchange off-hours trading system. This move is part of the company’s strategy to implement flexible capital policies in response to evolving business conditions.

More about Sanyo Denki Co., Ltd.

Sanyo Denki Co., Ltd. operates in the electronics industry, primarily focusing on manufacturing and selling cooling systems, power systems, and servo systems. The company is listed on the Tokyo Stock Exchange Prime Market and is known for its innovative solutions in the field of electronic equipment.

Average Trading Volume: 36,214

Technical Sentiment Signal: Buy

Current Market Cap: Yen116.3B

For detailed information about 6516 stock, go to TipRanks’ Stock Analysis page.

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