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Macnica Holdings Initiates Share Buyback Program

Macnica Holdings Initiates Share Buyback Program

MACNICA HOLDINGS INC. (JP:3132) has released an update.

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Macnica Holdings, Inc. has commenced a buyback of its own shares, purchasing 641,500 common shares for approximately ¥1.15 billion through market transactions on the Tokyo Stock Exchange. This move is part of a broader initiative to potentially repurchase up to 2 million shares, not exceeding ¥3 billion, by December 23, 2024.

For further insights into JP:3132 stock, check out TipRanks’ Stock Analysis page.

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