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Wacom Co. to Acquire Own Shares Enhancing Shareholder Value

Wacom Co. to Acquire Own Shares Enhancing Shareholder Value

Wacom Co (JP:6727) has released an update.

Wacom Co. has announced a strategic move to acquire up to 4 million of its own shares, equivalent to 2.83% of outstanding shares, with a total acquisition cost of 2 billion yen by January 20, 2025. This decision, part of its ‘Wacom Chapter 3’ business direction, aims to enhance shareholder value by utilizing current investment opportunities and favorable financial conditions.

For further insights into JP:6727 stock, check out TipRanks’ Stock Analysis page.

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