Prestige International (JP:4290) has released an update.
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Prestige International Inc. has announced a strategic move to repurchase up to 750,000 shares of its common stock, aiming to enhance shareholder returns and corporate value. This decision aligns with the company’s medium-term business plan targeting a total return ratio of 70% or more by the fiscal year ending March 31, 2025. The repurchase will begin on December 2, 2024, and is expected to optimize the firm’s capital structure.
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