Mabuchi Motor Co (JP:6592) has released an update.
Mabuchi Motor Co. has announced the purchase of 385,700 shares of its own common stock, spending a total of ¥859,442,200 through open market discretionary trading during October 2024. This action is part of a broader plan to buy back up to 2 million shares by December 2024, with a maximum budget of ¥3 billion. The company aims to potentially cancel these shares, enhancing shareholder value.
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