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Furukawa Co. Completes Share Buyback Initiative

Furukawa Co. Completes Share Buyback Initiative

Furukawa Co., Ltd. (JP:5715) has released an update.

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Furukawa Co., Ltd. has successfully completed a share repurchase program, buying back 953,700 common shares for ¥1,508,753,400 via the Tokyo Stock Exchange’s ToSTNeT-3 system. The initiative was part of the company’s strategy to improve capital efficiency and maintain a flexible capital policy amidst changing business conditions.

For further insights into JP:5715 stock, check out TipRanks’ Stock Analysis page.

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