Kanamoto Co (JP:9678) has released an update.
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Kanamoto Co., Ltd. has announced plans to purchase up to 900,000 of its own shares, equivalent to 2.54% of its outstanding stock, with a maximum total acquisition price of ¥2.0 billion. This buyback, set to occur between December 2024 and August 2025, aims to enhance shareholder returns and improve capital efficiency. The acquisition will be executed through the stock exchange market.
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