Kansai Paint Co (JP:4613) has released an update.
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Kansai Paint Co., Ltd. has announced a repurchase of its own shares using the ToSTNeT-3 off-auction trading system, set for August 29, 2024, at a closing price of ¥2,587.5 per share. The plan aims to acquire a maximum of 6.1 million shares, representing 3.14% of the total issued shares, excluding treasury shares. This move is part of a larger share repurchase program authorized by the Board of Directors on May 30, 2024, with an overall cap of 40 million shares and a total repurchase price limit of ¥80 billion.
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