Torishima Pump Mfg.Co.,Ltd. [6363.T]
TOKYO, Apr 24 (Pulse News Wire) – Torishima Pump Mfg.co.,ltd. (6363.T) completed its share repurchase program, as previously approved by the board of directors on May 14, 2025.
According to the Company Law Article 178, the repurchased shares represent 1.91% of the outstanding common stock excluding treasury shares prior to the repurchase. Following the completion of the repurchase, the total number of outstanding shares excluding treasury shares stands at 26,316,572.
Additionally, the remaining number of treasury shares is now 2,226,107. This move aligns with the company's strategy to optimize capital structure and enhance shareholder value.
CEO Koutarou Harada stated that the repurchase reflects the company’s confidence in its future growth prospects.
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