Japan Exchange Group (TYO:8697) has resolved to repurchase up to 40 million common shares, representing 3.8% of its outstanding shares, according to a Monday filing on the Tokyo Stock Exchange.
The total value of the buyback program is set at a maximum of 20 billion yen.
The repurchases will occur between April 30 and Oct. 28, excluding the last five business days of each quarter.
Price (JPY): $1591.50, Change: $+33, Percent Change: +2.08%
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