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Japan Securities Finance Co ( (JP:8511) ) just unveiled an announcement.
Japan Securities Finance Co., Ltd. has announced a share repurchase plan approved by its Board of Directors, aiming to repurchase up to 1,700,000 shares, representing 2.0% of its total issued shares, with a maximum budget of JPY2.8 billion. This move aligns with the company’s shareholder return policy, which seeks a total payout ratio of 100% from FY2023 to FY2025 through dividends and share repurchases, potentially enhancing shareholder value and market confidence.
More about Japan Securities Finance Co
Japan Securities Finance Co., Ltd. operates in the financial services industry, focusing on securities finance. The company provides financial services such as loans for margin transactions and securities lending, primarily targeting the securities market.
Average Trading Volume: 184,987
Technical Sentiment Signal: Buy
Current Market Cap: Yen145.2B
Learn more about 8511 stock on TipRanks’ Stock Analysis page.