Macnica Holdings to Boost Shareholder Returns with Buyback

MACNICA HOLDINGS INC. (JP:3132) has released an update.

Macnica Holdings, Inc. has announced a strategic move to purchase up to 2 million of its own shares, aiming to enhance shareholder returns and boost capital efficiency. This decision aligns with the company’s medium-term management plan, which focuses on maintaining a stable dividend policy and achieving a target return on equity of 15%. The share buyback will take place on the Tokyo Stock Exchange from October 29 to December 23, 2024.

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