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West Japan Railway’s Strategic Share Buyback

West Japan Railway’s Strategic Share Buyback

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

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West Japan Railway Company has been actively purchasing its own shares, with 3,040,900 shares acquired in July 2024 at a cost of ¥8,863,208,600. This buyback is part of a larger plan authorized by the Board on April 30, 2024, which allows for up to 20 million shares, or 4.1% of total issued shares (excluding treasury stock), to be acquired by September 20, 2024. As of July 31, 2024, the company has bought back 12,215,100 shares for ¥37,364,009,850.

For further insights into JP:9021 stock, check out TipRanks’ Stock Analysis page.

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