Odakyu Electric Railway Co (JP:9007) has released an update.
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Odakyu Electric Railway Co., Ltd. has executed a share buyback program, purchasing 2,088,400 shares for a total of 3.57 billion yen from September 1 to September 30, 2024. This move is part of a larger plan approved by the Board on August 9, 2024, which allows for buying back up to 18 million shares, representing roughly 5% of the issued stock, by March 2025. As of September 30, the company has cumulatively bought back 6.11 million shares, spending over 10 billion yen.
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