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Cosmo Energy Advances Stock Buyback Program

Cosmo Energy Advances Stock Buyback Program

Cosmo Energy Holdings Co., Ltd. (JP:5021) has released an update.

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Cosmo Energy Holdings Co., Ltd. has made progress in its stock repurchase plan, having bought back 281,600 shares for a total cost of approximately 2.2 billion yen between June 1 and June 30, 2024. This repurchase is part of a larger program authorized by the Board of Directors on May 9, 2024, which allows for the acquisition of up to 3.5 million shares, or 3.96% of outstanding shares, with a ceiling of 23 billion yen by the end of March 2025.

For further insights into JP:5021 stock, check out TipRanks’ Stock Analysis page.

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