Kansai Paint Co (JP:4613) has released an update.
Kansai Paint Co., Ltd. has announced the completion of a recent share repurchase, buying back 4,620,600 shares for a total cost of ¥11,470,332,650 from 1 July to 31 July 2024. This is part of a larger repurchase plan authorized on 30 May 2024, which allows for the acquisition of up to 40 million shares, representing 19.01% of the company’s total issued shares, with an allocated budget of up to ¥80 billion. As of 31 July 2024, the company has cumulatively repurchased 11,240,600 shares, amounting to ¥28,987,961,600.
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