Teikoku Tsushin Kogyo announces share buyback plan
Teikoku Tsushin Kogyo’s buyback plan is designed to enhance shareholder value by repurchasing up to 150,000 shares, or 1.6% of its outstanding shares, at a total cost of 300 million yen.
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Teikoku Tsushin Kogyo’s buyback plan is designed to enhance shareholder value by repurchasing up to 150,000 shares, or 1.6% of its outstanding shares, at a total cost of 300 million yen.
Shares of New Oriental Education & Technology surged nearly 11% following the announcement of the expanded $700 million share repurchase program. The new mandate allows for the buyback of additional shares until May 2025.
Standard Chartered plans to repurchase up to $1.5 billion of its shares, totaling approximately 228,843,817 shares, from August 1, 2024, to January 30, 2025. The shares will be canceled, with the buyback set to occur on the London Stock Exchange and other UK-recognized exchanges.
Oxley Holdings repurchased 100,000 shares at SG$0.079 each, totaling SG$7,947.42, according to a Singapore Exchange filing. To date, the company has bought back 18,764,000 shares out of its authorized 212,473,205.