USHIO INC. Advances on Its Share Buyback Plan

Ushio (JP:6925) has released an update.

USHIO INC. has reported on the progress of its stock buyback program, purchasing 1,369,800 of its common shares for a total cost of 2,729,214,150 Yen from August 1 to August 31, 2024. This buyback is part of a larger plan approved by the Board of Directors to acquire up to 20 million shares or 19.53% of its issued stock by April 2025, with a maximum expenditure of 30 billion Yen, of which 4,255,800 shares have already been bought.

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