Murata Manufacturing Co (JP:6981) has released an update.
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Murata Manufacturing Co. has completed its share buyback program, repurchasing a total of 27,611,000 shares worth approximately 79.9 billion yen. The company plans to cancel these shares, representing about 1.39% of its outstanding shares, by November 29, 2024. This strategic move aims to optimize capital efficiency and potentially enhance shareholder value.
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