artience (JP:4634) has released an update.
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Artience Co., Ltd. has announced a new policy to reduce shareholdings as part of its Medium-Term Management Plan, aiming for higher returns on equity and improved capital efficiency. The company plans to sell a portion of its shares, expecting to record an estimated gain of 3.4 billion yen from these sales by the end of December 2024. These moves are aligned with efforts to transform the business portfolio and increase shareholder value, with a targeted total payout ratio of 50% or more.
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