West Japan Railway Completes Share Buyback Phase

West Japan Railway Company (JP:9021) has released an update.

West Japan Railway Company has completed the acquisition of its own shares, a plan initiated by its Board of Directors on April 30, 2024. The company successfully purchased 4,778,300 shares at an aggregate price of ¥12,635,945,700 between August 1 and 14, 2024. This buyback is part of a larger strategy to acquire up to 20 million shares, representing 4.1% of its total issued shares, for a maximum total cost of ¥50 billion by September 20, 2024.

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