Fintech Global Incorporated (JP:8789) has released an update.
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FinTech Global Incorporated is set to repurchase up to 2 million of its own shares, aiming to enhance shareholder value and capital efficiency, including ROE, amid management’s belief that the company’s stock is undervalued. The repurchase, involving a maximum of 1.01% of its outstanding shares, will occur between August 13 and October 31, 2024, with a total expenditure cap of 150 billion yen.
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