Relo Group (JP:8876) has released an update.
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Relo Group, Inc. has announced a strategic repurchase of up to 4 million common shares, aimed at facilitating stock option exercises, adjusting capital policy, and enhancing capital efficiency. The repurchase, with a budget of up to 5.5 billion yen, will occur between August 9 and October 31, 2024, utilizing methods including an off-auction system and discretionary on-floor trading.
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