Oiles Corporation Announces Progress in Share Buyback Program

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2025.04.02 06:30
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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.