West Japan Railway’s Strategic Share Buyback

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

West Japan Railway Company has announced the acquisition of 3,864,200 of its own shares, spending ¥11,713,298,250, during the month of June 2024. This buyback is part of a broader initiative approved by its Board of Directors, with the company authorized to buy up to 20 million shares, representing 4.1% of its total issued shares, at a maximum cost of ¥50 billion by September 20, 2024. To date, the company has acquired a total of 9,174,200 shares for ¥28,500,801,250.

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