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Star Micronics Co., Ltd ( (JP:7718) ) just unveiled an update.
Star Micronics Co., Ltd. announced the status of its share buyback program, which is in accordance with its Articles of Incorporation and Japanese Companies Act. The company repurchased 287,400 shares for ¥532,788,389 from December 1 to December 31, 2024, through market purchases at the Tokyo Stock Exchange. This is part of a broader resolution allowing up to 6,000,000 shares to be bought back by May 2025. As of December 31, 2024, the company has repurchased 4,999,600 shares totaling ¥9,824,690,878. The buyback may positively impact the company’s stock value and shareholder returns.
More about Star Micronics Co., Ltd
YTD Price Performance: 1.79%
Average Trading Volume: 56
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €413.8M
See more insights into 7718 stock on TipRanks’ Stock Analysis page.
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