Hitachi,Ltd. (JP:6501) has released an update.
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Hitachi, Ltd. has reported the repurchase of 5,999,000 shares of its common stock for a total cost of roughly 20.49 billion yen, executed through the Tokyo Stock Exchange within the period of September 1 to September 30, 2024. This buyback is part of a larger plan approved by the Board of Directors on April 26, 2024, which allows for the repurchase of up to 105 million shares, representing 2.27% of the outstanding shares, for up to 200 billion yen, to be completed by March 31, 2025.
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