Yamaha (JP:7951) has released an update.
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Yamaha Corporation aims to enhance shareholder returns and capital efficiency by acquiring up to 6 million of its own common shares, totaling a maximum of ¥14.0 billion, between September 10, 2024, and February 28, 2025. The company also plans to cancel these shares post-acquisition to improve capital structure. This move comes before a 3-for-1 stock split scheduled for October 1, 2024.
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