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Airport Facilities Co., Ltd. ( (JP:8864) ) has issued an announcement.
Airport Facilities Co., Ltd. has decided to abolish its shareholder benefit program, opting instead to enhance shareholder returns through increased dividends and strategic share repurchases. This decision aligns with the company’s revised medium- to long-term management plan, aiming to improve capital efficiency and ensure shareholder equality. The company will raise its dividend payout ratio to 60% and introduce a new dividend guideline, reflecting a commitment to prioritizing shareholder returns and enhancing corporate value.
More about Airport Facilities Co., Ltd.
Airport Facilities Co., Ltd. (AFC) operates in the infrastructure industry, primarily focusing on providing facilities and services related to airport operations. The company is listed on the Prime Market of the Tokyo Stock Exchange.
Average Trading Volume: 83,165
Technical Sentiment Signal: Buy
Current Market Cap: Yen34.16B
For a thorough assessment of 8864 stock, go to TipRanks’ Stock Analysis page.