tiprankstipranks
Kansai Paint Co. Announces Share Buyback Plan
Company Announcements

Kansai Paint Co. Announces Share Buyback Plan

Kansai Paint Co (JP:4613) has released an update.

Don't Miss Our Christmas Offers:

Kansai Paint Co., Ltd. has announced a repurchase of its own shares using the ToSTNeT-3 off-auction trading system, set for August 29, 2024, at a closing price of ¥2,587.5 per share. The plan aims to acquire a maximum of 6.1 million shares, representing 3.14% of the total issued shares, excluding treasury shares. This move is part of a larger share repurchase program authorized by the Board of Directors on May 30, 2024, with an overall cap of 40 million shares and a total repurchase price limit of ¥80 billion.

For further insights into JP:4613 stock, check out TipRanks’ Stock Analysis page.

Related Articles
Catie PowersKSANF Earnings Report this Week: Is It a Buy, Ahead of Earnings?
TipRanks Japan Auto-Generated NewsdeskKansai Paint Co. Advances Share Buyback Plan
TipRanks Japan Auto-Generated NewsdeskKansai Paint Advances Share Buyback Program
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App