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OSG Corporation Completes Share Buyback

OSG Corporation Completes Share Buyback

OSG (JP:6136) has released an update.

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OSG Corporation has completed a repurchase of 1,187,000 of its own common stock shares for a total cost of ¥2,273,263,950 between June 1, 2024, and June 30, 2024, as part of a broader share buyback program authorized by its Board of Directors on December 5, 2023. This repurchase is a component of a larger plan to buy back up to 15,000,000 shares, with an aggregate limit of ¥22 billion, to be executed through market purchases at the Tokyo Stock Exchange by November 29, 2024.

For further insights into JP:6136 stock, check out TipRanks’ Stock Analysis page.

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