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Kokusai Electric Completes Multi-Billion Yen Buyback
Company Announcements

Kokusai Electric Completes Multi-Billion Yen Buyback

Kokusai Electric Corporation (JP:6525) has released an update.

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Kokusai Electric Corporation has completed a stock repurchase program, buying back 1.768 million shares for a total of approximately 5.86 billion yen between September 1 and September 10, 2024. This repurchase is part of a larger program announced in July 2024, which aimed to buy up to 6 million shares, representing 2.55% of its total issued shares, for up to 18 billion yen. By the completion date, the company had repurchased a total of 5.058 million shares for around 18 billion yen.

For further insights into JP:6525 stock, check out TipRanks’ Stock Analysis page.

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