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Appier Group Announces Treasury Shares Acquisition

Appier Group Announces Treasury Shares Acquisition

Appier Group, Inc. (JP:4180) has released an update.

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Appier Group, Inc. has decided to acquire treasury shares with the intent to improve capital efficiency and enhance shareholder value, citing sufficient funds for continued investment in growth and working capital as of June 30, 2024. The Board of Directors has approved the purchase of up to 1 million common shares, which is less than 1% of the total outstanding shares, for a maximum of JPY 1.0 billion, with the acquisition period from September 1 to December 31, 2024.

For further insights into JP:4180 stock, check out TipRanks’ Stock Analysis page.

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