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VISION INC. surges on share buyback plan of up to 1.65 million shares
VISION INC. <9416> shares surged. The rally followed the company's post-market announcement on Friday of a share buyback program. The buyback will be capped at 1.65 million shares, or 3.26% of outstanding shares excluding treasury stock, or 1.8 billion yen, with the repurchasing period running from May 25 to August 31. The company said the move aims to enhance shareholder returns, improve capital efficiency, and enable flexible capital management in response to changes in the business environment.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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