Tokyo Electron Concludes Share Buyback Program

Tokyo Electron (JP:8035) has released an update.

Tokyo Electron Limited has successfully completed a share repurchase program, acquiring 602,800 shares for a total cost of 20.35 billion yen within the period from June 1 to June 30, 2024. The buyback was part of a broader authorization by the Board of Directors to repurchase up to 3.5 million shares, of which 2.31 million shares have been bought back to date, costing nearly 80 billion yen.

For further insights into JP:8035 stock, check out TipRanks’ Stock Analysis page.