Asahi Group Holdings (JP:2502) has released an update.
Asahi Group Holdings, Ltd. has announced an increased dividend forecast for 2024 and the abolition of its shareholder benefit program, alongside a strategy to buy back shares up to 30 billion yen. The company will also conduct a stock split, converting each share into three to enhance liquidity and expand its investor base, in alignment with financial policies prioritizing growth investments and shareholder returns. These changes reflect Asahi’s achievement in reducing net debt and meeting financial targets ahead of schedule.
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