Ushio (JP:6925) has released an update.
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USHIO INC. has announced the purchase of 894,600 of its own common shares for a total of 1.81 billion Yen between September 1 and September 30, 2024, as part of an ongoing share repurchase plan. This buyback is a part of a larger scheme approved by the board on May 14, 2024, which allows for the acquisition of up to 20 million shares, representing 19.53% of its issued stock, for a maximum expenditure of 30 billion Yen by April 2025.
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