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Abalance surges on share buyback announcement
Abalance Corporation <3856> shares surged sharply on Tuesday following a post-market announcement on Monday that it will implement a share buyback program. The repurchase is capped at 1,000,000 shares, representing 5.25% of total outstanding shares, or 500 million yen, with the execution period running from June 1 to December 31. The positive announcement fueled robust buying momentum for the stock.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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