Otsuka Holdings Conducts Multi-Billion Yen Share Buyback

Otsuka Holdings Co (JP:4578) has released an update.

Otsuka Holdings Co., Ltd. has executed a share repurchase program, buying back 1,034,500 shares for a total cost of 8.44 billion yen between September 1 and September 30, 2024. This is part of a larger plan approved on July 31, 2024, allowing for the repurchase of up to 10 million shares or 50 billion yen worth of stock by December 20, 2024. To date, the company has repurchased 2.48 million shares for over 20 billion yen.

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