Mitsui OSKLines (JP:9104) has released an update.
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Mitsui O.S.K. Lines has announced a plan to repurchase up to 30 million of its own shares, representing 8.28% of its issued shares, as part of its strategy to enhance corporate value and improve shareholder returns. This move aligns with their “BLUE ACTION 2035” management plan, aimed at capital efficiency and strategic growth investments. The repurchase will be conducted through the Tokyo Stock Exchange over a one-year period starting November 1, 2024.
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