CERES announces share buyback of up to 1.25 million shares
CERES INC. <3696> announced after market close on Oct 1 it will conduct a share buyback. The repurchase is capped at 1.25 million shares (10.83% of issued shares excluding treasury stock) or 2.5 billion yen, with the acquisition period running from Oct 2 to Sep 30 next year. CERES will carry out the buyback to improve capital efficiency and enhance shareholder returns, following completion of the sale of all its shares held in Bitbank.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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