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ASAHI BROADCASTING GROUP HOLDINGS CORPORATION announces share buyback of up to 1.25 million shares
ASAHI BROADCASTING GROUP HOLDINGS CORPORATION <9405> announced a share buyback program after the close. It will repurchase up to 1.25 million shares, or 2.99% of outstanding stock excluding treasury shares, for up to 1 billion yen between May 22 and March 31 next year. ASAHI BROADCASTING GROUP HOLDINGS said the move aims to boost capital efficiency and shareholder returns to enhance medium- to long-term corporate value, while enabling flexible capital policies.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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