Asahi Kasei Announces Share Buyback and Cancellation
Company Announcements

Asahi Kasei Announces Share Buyback and Cancellation

Asahi Kasei (JP:3407) has released an update.

Asahi Kasei Corp. plans to repurchase up to 35 million of its own shares, valued at ¥30 billion, to enhance shareholder returns and improve capital efficiency. The repurchase will occur between November 5, 2024, and February 28, 2025, with subsequent cancellation of these shares scheduled for March 14, 2025.

For further insights into JP:3407 stock, check out TipRanks’ Stock Analysis page.

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