Shimizu (JP:1803) has released an update.
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Shimizu Corporation has announced a plan to boost its capital efficiency through a share buyback and cancellation program. The company aims to purchase up to 26 million shares, equivalent to 3.73% of its issued shares, for a total of 20 billion Japanese Yen. The initiative reflects Shimizu’s strategy to enhance shareholder value by optimizing its capital structure.
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