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Cyber Security Cloud, Inc. surges for third straight day on share buyback plan
Cyber Security Cloud, Inc. <4493> shares surged for a third straight day. The company announced after the market close on Friday that it will launch a share buyback program, driving investor optimism. The buyback will be capped at 250,000 shares, or 2.43% of outstanding shares excluding treasury stock, or 450 million yen, whichever comes first. The repurchasing period will run from May 25 to July 31. The company said the move aims to 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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