Olympus (JP:7733) has released an update.
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Olympus Corporation has reported the repurchase of 2,809,700 of its common shares for a total cost of JPY 7,316,700,600, as part of its stock buyback plan. This repurchase activity took place from July 1, 2024, to July 31, 2024, through the Tokyo Stock Exchange, under a discretionary trading contract. The buyback is in line with the resolution passed by the company’s Board of Directors on May 10, 2024, which authorized a maximum repurchase of 60 million shares.
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