Azbil Corporation Advances Stock Repurchase Program

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Azbil Corporation ( (JP:6845) ) has provided an announcement.

Azbil Corporation announced the progress of its stock repurchase program, revealing that it repurchased 1,946,600 shares totaling approximately 2.39 billion yen between December 1 and December 31, 2024. This action is part of a broader initiative resolved by the Board of Directors to purchase up to 24 million shares, with a total budget of 15 billion yen, to be completed by March 2025. The repurchase is conducted via market transactions on the Tokyo Stock Exchange and reflects a strategy to enhance shareholder value.

More about Azbil Corporation

Azbil Corporation is a company that operates in the automation industry, providing solutions and services primarily focused on building automation, advanced automation control, and life automation. The company is listed on the Prime Market of the Tokyo Stock Exchange.

YTD Price Performance: 0%

Average Trading Volume: 1,184,620

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: Yen678.5B

For detailed information about 6845 stock, go to TipRanks’ Stock Analysis page.

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