SMC Corporation Completes Share Repurchase
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 06 2025
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Source: Business Insider
SMC Corporation Share Repurchase: SMC Corporation has repurchased 30,800 shares for approximately 1.945 billion yen as part of a plan to buy up to 600,000 shares, aiming to enhance shareholder value and optimize its capital structure.
Company Overview: SMC Corporation, listed on the Tokyo Stock Exchange Prime Market, specializes in manufacturing pneumatic control equipment and has a current market cap of $26.07 billion with a year-to-date price performance of 10.34%.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
