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UT Group Co.,Ltd. ( (JP:2146) ) just unveiled an update.
UT Group Co., Ltd. has announced its decision to repurchase up to 1.0 million of its own common shares, representing 2.5% of the company’s total outstanding shares, excluding treasury stock. This strategic move aims to enhance capital efficiency and support a flexible capital policy, which may include offering equity incentives to employees. The share buyback will take place on the Tokyo Stock Exchange from February 13, 2025, to May 14, 2025, with a maximum acquisition budget of 1,620 million yen.
More about UT Group Co.,Ltd.
YTD Price Performance: 2.66%
Average Trading Volume: 336,632
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen89.19B
See more data about 2146 stock on TipRanks’ Stock Analysis page.
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