Kuraray Co (JP:3405) has released an update.
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Kuraray Co., Ltd. is actively repurchasing its own shares, executing a buyback of 2,898,600 common shares for a total cost of ¥5,298,537,762 between June 1 and June 30, 2024. This move is part of a larger buyback plan approved by the Board of Directors on May 14, 2024, which allows for the acquisition of up to 15 million shares, representing about 4.48% of the outstanding shares, for a maximum expenditure of ¥20 billion.
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