Hibiya Engineering, Ltd. [1982.T]

TOKYO, May 13 (Pulse News Wire) – <p>Hibiya Engineering has authorised a share repurchase programme of up to 2.1 Million shares, with an aggregate cap of 8.4 Billion Yen (4.86% of issued shares excluding treasury).</p><p>Acquisitions will be conducted via off-auction block buys via ToSTNeT-3.</p><p>Hibiya Engineering cited improving capital efficiency and enhancing shareholder value as the rationale for the action.</p>

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