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REDDIT

Daido Signal $6743

Daido Signal ($6743) might repurchase 13% of its market cap today.

I wrote up 6743 in April of last year; the stock price was ¥510. My main (and maybe only) doubt was whether management would keep increasing shareholder returns.

Since they more than doubled the dividend and now are buying up to 13% of the S/O at under NCAV and 63% TBV.

Should’ve bought more.