TV Asahi Holdings (TYO:9409) will begin its share repurchase program on May 1, with the acquisition period set to run through Oct. 31, according to a Tuesday filing on the Tokyo Stock Exchange.
The broadcaster's board approved the buyback on April 14, allowing the company to purchase up to 2 million shares, or 2% of its outstanding stock excluding treasury shares, for a maximum of 3 billion yen.
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