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Daiwa ( (JP:8601) ) just unveiled an announcement.
Daiwa Securities Group Inc. has resolved to repurchase up to 50 million shares of its common stock, representing 3.53% of its total shares outstanding. This move, aimed at enhancing shareholder returns and improving capital efficiency, will involve a total expenditure of up to JPY 50 billion, with the repurchase period spanning from May 16, 2025, to March 24, 2026.
More about Daiwa
Daiwa Securities Group Inc. operates in the financial services industry, primarily focusing on securities trading, investment banking, and asset management. The company is listed on the TSE Prime and NSE Premier Market, indicating its significant presence in the Japanese financial market.
YTD Price Performance: -8.57%
Average Trading Volume: 3,735
Technical Sentiment Signal: Buy
Current Market Cap: $8.89B
See more insights into 8601 stock on TipRanks’ Stock Analysis page.