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An update from Tsubakimoto Chain Co. ( (JP:6371) ) is now available.
Tsubakimoto Chain Co. announced the acquisition of 262,900 shares of its treasury stock, amounting to 575,846,099 yen, as part of a broader initiative approved by its Board of Directors. This move is part of a larger plan to purchase up to 6,500,000 shares by the end of 2025, which could impact the company’s share value and market positioning.
The most recent analyst rating on (JP:6371) stock is a Buy with a Yen2681.00 price target. To see the full list of analyst forecasts on Tsubakimoto Chain Co. stock, see the JP:6371 Stock Forecast page.
More about Tsubakimoto Chain Co.
Tsubakimoto Chain Co. operates in the manufacturing industry, focusing on producing chains and power transmission products. The company is listed on the Prime Market of the Tokyo Stock Exchange and is known for its commitment to innovation and quality in its offerings.
Average Trading Volume: 273,018
Technical Sentiment Signal: Buy
Current Market Cap: Yen225.9B
For an in-depth examination of 6371 stock, go to TipRanks’ Overview page.