Koito Manufacturing Co (JP:7276) has released an update.
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Koito Manufacturing Co., Ltd. has completed a significant acquisition of its own shares, buying back 3,115,700 common shares at a total cost of ¥6,354,191,900 between August 1 and August 31, 2024. This buyback is a part of a larger plan announced earlier, which allows for the purchase of up to 35 million shares, representing 11.37% of its issued shares, with a maximum spend of ¥50 billion by March 2025.
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