Olympus Advances Share Repurchase Program
Company Announcements

Olympus Advances Share Repurchase Program

Olympus (JP:7733) has released an update.

Olympus Corporation has publicly announced the progress of its stock repurchase program, revealing the acquisition of 6,339,000 common shares at a total cost of approximately 16.28 billion JPY during the period from September 1 to September 30, 2024. This action is part of a broader repurchase plan authorized on May 10, 2024, with a maximum outlay of 100 billion JPY for up to 60 million shares, and a cumulative repurchase of 22.37 million shares for about 56.46 billion JPY to date.

For further insights into JP:7733 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskOlympus Corporation Reports Strong Revenue Growth Amid Strategic Shift
TipRanks Japan Auto-Generated NewsdeskOlympus CEO Resigns Amid Allegations
TipRanks Japan Auto-Generated NewsdeskOlympus Resolves Legal Dispute in China
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App