Star Mica Holdings Co., Ltd. (JP:2975) has released an update.
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Star Mica Holdings Co., Ltd. has decided to acquire up to 360,000 of its own shares, with a total purchase price of up to 200 million yen, as part of its strategy to enhance shareholder returns. The acquisition, scheduled between October 18 and November 30, 2024, aims to achieve a 40% payout ratio, reflecting a positive assessment of the company’s financial health and stock price.
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