Yamaha (JP:7951) has released an update.
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Yamaha Corporation announced the cancellation of 12 million treasury shares, representing 2.21% of its issued shares, following the completion of a share buyback program. This move is aimed at optimizing the capital structure and potentially enhancing shareholder value. The cancellation is scheduled for December 27, 2024, reducing the total number of issued shares to 531 million.
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