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Hikari Tsushin Executes Strategic Share Buyback
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Hikari Tsushin Executes Strategic Share Buyback

Hikari Tsushin, Inc. (JP:9435) has released an update.

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Hikari Tsushin, Inc. has acquired 85,900 of its own shares for 2.75 billion yen between September 1 and September 30, 2024, as part of a stock buyback program authorized by the Board of Directors. The program, which began on August 14 and is set to conclude by November 30, allows for the purchase of up to 500,000 shares, representing 1.13% of the outstanding shares, for a total spend of up to 10 billion yen. As of September 30, the company has cumulatively bought back 178,900 shares at a cost of 5.48 billion yen.

For further insights into JP:9435 stock, check out TipRanks’ Stock Analysis page.

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