People, Dreams & Technologies Group rebounds on announcement of share buyback of up to 200,000 shares
People, Dreams & Technologies Group Co., Ltd. <9248> gained after announcing a share buyback program after the market close on Aug. 31.
The buyback is capped at 200,000 shares (2.24% of outstanding shares excluding treasury stock) or 300 million yen, running from Oct. 1 to April 30 next year. People, Dreams & Technologies said the buyback aims to enhance shareholder returns and provide shares for M&A transactions and restricted stock compensation.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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