Oiles Corporation Announces Progress in Share Buyback Program
Oiles Corporation (JP:6282) has reported progress in its share buyback program, acquiring 200,200 common shares for 480,642,200 yen from March 1 to March 31, 2025. This is part of a broader plan approved by the Board of Directors to repurchase up to 1,380,000 shares, aimed at enhancing shareholder value and optimizing capital structure. Oiles specializes in manufacturing self-lubricating bearings and is listed on the Tokyo Stock Exchange.
Oiles ( (JP:6282) ) just unveiled an update.
Oiles Corporation has announced the interim progress of its share buyback program, acquiring 200,200 of its own common shares for a total cost of 480,642,200 yen between March 1 and March 31, 2025. This acquisition is part of a larger plan approved by the Board of Directors to repurchase up to 1,380,000 shares, aiming to enhance shareholder value and optimize capital structure.
More about Oiles
Oiles Corporation operates in the manufacturing industry, focusing on producing and selling self-lubricating bearings and other related products. The company is listed on the Tokyo Stock Exchange and is known for its innovative solutions in the field of industrial machinery and automotive components.
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