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Kansai Paint Co ( (JP:4613) ) has issued an update.
Kansai Paint Co., Ltd. has completed the acquisition of 1,456,500 shares of its own common stock for a total price of ¥3,169,618,700. This repurchase is part of a larger plan approved by the Board of Directors on May 30, 2024, allowing for the repurchase of up to 40,000,000 shares or ¥80 billion worth of stock, aimed at optimizing the capital structure and enhancing shareholder value.
More about Kansai Paint Co
Kansai Paint Co., Ltd. operates in the paint and coatings industry, primarily focusing on manufacturing and selling a variety of paint products. The company is listed on the Tokyo Stock Exchange Prime Market.
YTD Price Performance: -1.05%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.53B
See more data about 4613 stock on TipRanks’ Stock Analysis page.
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