The latest announcement is out from Yamada Denki Co ( (JP:9831) ).
Yamada Holdings Co., Ltd. announced a decision by its Board of Directors to acquire up to 40 million of its own shares, representing 5.78% of the total issued shares, with a maximum expenditure of ¥20 billion. This move is aimed at enhancing capital efficiency and increasing returns to shareholders. The acquisition is set to occur between May 9, 2025, and March 31, 2026, through market purchases. The company forecasts a total return ratio of 113.9% for the fiscal year ending March 31, 2026, when combining dividends and share buybacks, indicating a strong commitment to shareholder value.
More about Yamada Denki Co
Yamada Holdings Co., Ltd. operates in the retail industry, primarily focusing on electronics and home appliances. The company is known for its extensive network of stores across Japan and its commitment to providing a wide range of consumer electronics and related services.
Average Trading Volume: 4,444,467
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen385B
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