Kuraray Co. Advances Share Buyback Initiative
Company Announcements

Kuraray Co. Advances Share Buyback Initiative

Kuraray Co (JP:3405) has released an update.

Kuraray Co., Ltd. is actively repurchasing its own shares, executing a buyback of 2,898,600 common shares for a total cost of ¥5,298,537,762 between June 1 and June 30, 2024. This move is part of a larger buyback plan approved by the Board of Directors on May 14, 2024, which allows for the acquisition of up to 15 million shares, representing about 4.48% of the outstanding shares, for a maximum expenditure of ¥20 billion.

For further insights into JP:3405 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Japan Auto-Generated NewsdeskKuraray Co. Completes Significant Share Buyback
TipRanks Japan Auto-Generated NewsdeskKuraray Co. Progresses with Strategic Share Buyback
TipRanks Japan Auto-Generated NewsdeskKuraray Advances Share Buyback Program
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App