Relo Group (JP:8876) has released an update.
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Relo Group, Inc. has successfully repurchased 1 million of its common shares for 1.586 billion yen to improve capital efficiency and manage stock option exercises. This action is part of a larger stock repurchase plan announced on August 8, 2024, which includes a maximum of 4 million shares and a total expenditure cap of 5.5 billion yen. The buyback was executed through the ToSTNeT-3 off-auction system.
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