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Kuraray Co. Progresses with Strategic Share Buyback

Kuraray Co. Progresses with Strategic Share Buyback

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

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Kuraray Co., Ltd. has been actively purchasing its own common stock, buying back 428,800 shares for a total cost of ¥802,962,844 in September 2024. This is part of a larger buyback program authorized by the Board of Directors, allowing for up to 15 million shares to be repurchased, aiming for a maximum expenditure of ¥20 billion by the end of October 2024. To date, the company has acquired 10,605,800 shares at a cost of ¥19,133,378,003.

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

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