Kawasaki Kisen Kaisha (JP:9107) has released an update.
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Kawasaki Kisen Kaisha, Ltd. (“K” LINE) has announced a plan to repurchase up to 36 million shares, valued at 90 billion yen, to enhance shareholder returns and stabilize stock liquidity. The buyback will occur between November 6, 2024, and February 28, 2025, through the Tokyo Stock Exchange’s off-auction trading system. This strategic move aligns with the company’s medium-term management plan and its commitment to optimizing capital structure and cash allocation.
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