Kureha (JP:4023) has released an update.
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Kureha Corporation has announced an update on its share repurchase program, carried out under Japanese law, leading to a change in its major shareholders. The company repurchased 510,600 of its common shares at a cost of ¥1,472,140,800 on the Tokyo Stock Exchange between July 1 and July 31, 2024. The repurchase has slightly increased the voting rights ratio of the second-largest shareholder from 9.96% to 10.06%, with no expected impact on consolidated financial results.
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