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ERI Holdings Sets Price for Share Buyback Plan

ERI Holdings Sets Price for Share Buyback Plan

ERI Holdings Co., Ltd. (JP:6083) has released an update.

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ERI Holdings Co., Ltd. has established the acquisition price for a planned repurchase of its own shares at 1,950 yen per share. The company intends to buy back up to 150,000 shares, which represents 1.94% of its total issued shares, excluding treasury shares, with an upper limit set for the cost at 375 million yen. The final outcome of this share repurchase will be publicly disclosed after the market opens on October 1, 2024.

For further insights into JP:6083 stock, check out TipRanks’ Stock Analysis page.

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