Nagase & Co (JP:8012) has released an update.
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Nagase & Co. has announced an increase in its interim dividend to 45 yen per share, up from the previous forecast of 40 yen, as part of their strategy under the ACE 2.0 plan to enhance capital efficiency and achieve a return on equity of 8% or higher. The company plans to maintain this dividend rate through the fiscal year, resulting in an annual dividend of 90 yen per share. Additionally, Nagase & Co. has resolved to repurchase its own shares, further aligning with its financial growth strategies.
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