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Kansai Paint Co. Advances Share Buyback Plan

Kansai Paint Co. Advances Share Buyback Plan

Kansai Paint Co (JP:4613) has released an update.

Confident Investing Starts Here:

Kansai Paint Co., Ltd. has completed a share repurchase program, buying back 993,200 common shares at a total cost of ¥2,615,408,050 between September 1 and September 30, 2024. This is part of a larger repurchase plan authorized by their Board of Directors on May 30, 2024, with the aim of acquiring up to 40 million shares, representing 19.01% of the total issued shares, for a maximum of ¥80 billion by May 2025.

For further insights into JP:4613 stock, check out TipRanks’ Stock Analysis page.

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