Asics (JP:7936) has released an update.
ASICS Corporation has announced the completion of a significant repurchase of its treasury shares, acquiring 3,872,400 shares for a total cost of JPY 9,887,096,450. The buyback occurred between August 14 and August 31, 2024, as part of a program authorized by the Board of Directors to repurchase up to 10 million shares. This action is part of the company’s capital allocation strategy and reflects a commitment to shareholder value.
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