ERI Holdings Co., Ltd. (JP:6083) has released an update.
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ERI Holdings Co., Ltd. has announced its decision to buy back its own shares in an effort to improve capital efficiency and maintain a flexible capital policy amidst changing business environments. The company’s Board of Directors has approved the repurchase of up to 150,000 shares, representing 1.94% of the total issued shares, with a maximum expenditure of ¥375 million. The acquisition will be conducted via the ToSTNeT-3 off-auction system on the Tokyo Stock Exchange, starting from October 1, 2024.
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