TRYT Inc. (JP:9164) has released an update.
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TRYT Inc. announces a significant shift in its dividend policy, aiming for a more active shareholder return with a 30% payout ratio starting from the fiscal year ending December 31, 2024. The company plans to issue a ¥11 per share year-end dividend for 2024, and a special dividend of ¥10 per share based on September 30, 2024 records, reflecting its strong cash flow, reduced net debt, and positive industry outlook. TRYT is also considering flexible shareholder returns, including share buybacks, to balance share price and financial growth.
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