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TOKYO BASE surges on share buyback announcement of up to 3.4% of outstanding shares
TOKYO BASE Co., Ltd. <3415> is surging. After the market close on May 18, the company announced a share buyback program of up to 1.5 million shares (3.4% of outstanding shares, excluding treasury stock), capped at 500 million yen, sparking strong buy orders. The repurchases will be executed through open-market purchases from May 19 to June 30. TOKYO BASE aims to boost shareholder returns and enhance capital efficiency.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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