ENEOS Holdings Reports Interim Progress on Share Buyback

ENEOS Holdings ( (JP:5020) ) just unveiled an update.

ENEOS Holdings, Inc. announced the interim progress of its share buyback program, having repurchased 14,680,500 common shares at a total value of 11,913,240,160 yen between December 1 and December 31, 2024. This move is part of a larger plan authorized by the Board of Directors to repurchase up to 680 million shares, potentially impacting up to 22.68% of the company’s total issued shares, further consolidating its market position and potentially enhancing shareholder value.

More about ENEOS Holdings

ENEOS Holdings, Inc. operates in the energy sector, primarily focusing on petroleum, oil, and natural gas. It is a major player in the Japanese market, with a significant influence on both domestic and international energy markets.

YTD Price Performance: 0.29%

Average Trading Volume: 880

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $15.55B

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