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Topy Industries Completes Treasury Stock Acquisition

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Topy Industries Completes Treasury Stock Acquisition

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Topy Industries, Limited ( (JP:7231) ) just unveiled an announcement.

Topy Industries, Limited has completed the acquisition of 127,000 shares of its own stock, representing 0.58% of the total outstanding shares, through the Off-Auction Treasury Share Repurchase Trading System. This move is part of a flexible capital policy to respond to changes in the management environment, with the total acquisition amounting to 358,394,000 yen.

The most recent analyst rating on (JP:7231) stock is a Buy with a Yen3156.00 price target. To see the full list of analyst forecasts on Topy Industries, Limited stock, see the JP:7231 Stock Forecast page.

More about Topy Industries, Limited

Topy Industries, Limited operates in the manufacturing sector, focusing on the production of steel, automotive, and industrial machinery components. The company is listed on the Tokyo and Nagoya Stock Exchanges and aims to adapt its capital strategies to the evolving management environment.

Average Trading Volume: 66,088

Technical Sentiment Signal: Buy

Current Market Cap: Yen67.09B

Find detailed analytics on 7231 stock on TipRanks’ Stock Analysis page.

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