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TV Asahi Holdings Announces Share Buyback Plan

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TV Asahi Holdings Announces Share Buyback Plan

TV Asahi Holdings ( (JP:9409) ) just unveiled an update.

TV Asahi Holdings Corporation has announced a resolution to acquire up to 2,000,000 of its own shares, representing 2.0% of its total outstanding shares, with a maximum purchase amount of 3,000,000,000 yen. This strategic move, set to occur between May 1, 2025, and October 31, 2025, via market purchases on the Tokyo Stock Exchange, aims to optimize the company’s capital structure and potentially enhance shareholder value.

More about TV Asahi Holdings

TV Asahi Holdings Corporation operates in the media industry, primarily focusing on television broadcasting and related services. It is a prominent player in the Japanese market, known for its diverse programming and media content.

YTD Price Performance: 27.74%

Average Trading Volume: 232

Technical Sentiment Signal: Strong Sell

Current Market Cap: $1.73B

See more data about 9409 stock on TipRanks’ Stock Analysis page.

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