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%
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.