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Morinaga Milk Completes Major Share Buyback

Morinaga Milk Completes Major Share Buyback

Morinaga Milk Industry Co., Ltd. (JP:2264) has released an update.

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Morinaga Milk Industry Co., Ltd. has announced the acquisition of 651,100 of its own common shares, spending a total of 2.16 billion yen, within the period from August 1 to August 31, 2024. These acquisitions are part of a broader board-approved plan to purchase up to 3.4 million shares for a maximum total cost of 10 billion yen. As of August 31, the company has acquired 1,867,300 shares at a cost of 6.28 billion yen.

For further insights into JP:2264 stock, check out TipRanks’ Stock Analysis page.

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