Daicel (JP:4202) has released an update.
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Daicel Corporation has announced a plan to acquire up to 12 million of its own shares, valued at a maximum of ¥15 billion, as part of a strategy to enhance shareholder value and improve capital efficiency. The share buyback will occur between November 8, 2024, and March 31, 2025, with most of the repurchased shares expected to be canceled. This move aligns with the company’s mid-term management strategy to optimize its capital structure.
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