SMC (OR) (JP:6273) has released an update.
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SMC Corporation has successfully completed a share buyback program, repurchasing 150,500 common shares for a total cost of 9.12 billion yen between September 1 and 30, 2024. This move comes as part of a larger authorization to buy back up to 600,000 shares, representing 0.9% of its outstanding shares, with a ceiling of 35 billion yen, set to conclude by March 24, 2025.
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