Murata Manufacturing Reports No New Share Buybacks

Murata Manufacturing Co (JP:6981) has released an update.

Murata Manufacturing Co., Ltd. has announced that it has not purchased any of its own shares in the period from September 1, 2024, to September 30, 2024, despite having prior authorization from a Board of Directors meeting to buy up to 44 million shares. The company had earlier been authorized to spend up to JPY 80 billion on share repurchases, and as of September 30, the cumulative total bought was 16,945,100 shares for JPY 49,999,548,150.

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