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Fujitsu Reports Progress in Share Repurchase Initiative

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Fujitsu Reports Progress in Share Repurchase Initiative

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Fujitsu ( (JP:6702) ) just unveiled an announcement.

Fujitsu Limited has announced the status of its ongoing share repurchase program, which began in April 2024. As of January 31, 2025, the company has repurchased 48,759,500 shares for a total value of JPY 138,150,677,550. This move is part of a broader initiative to buy back up to 150 million shares, valued at a maximum of JPY 180 billion, potentially enhancing shareholder value and optimizing capital structure.

More about Fujitsu

Fujitsu is a leading digital services company known for its commitment to sustainability and innovation. With operations in over 100 countries, Fujitsu offers solutions in computing, networks, AI, data & security, and converging technologies, aiming to address significant societal challenges. The company reported consolidated revenues of 3.7 trillion yen for the fiscal year ending March 31, 2024, maintaining its position as Japan’s top digital services provider by market share.

YTD Price Performance: 26.95%

Average Trading Volume: 5,355

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $35.65B

For detailed information about 6702 stock, go to TipRanks’ Stock Analysis page.

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