TOKYO, Apr 27 (Pulse News Wire) — KINDEN CORPORATION (1944.T) announced it will acquire its own shares through a tender offer. The offer price is set at ¥6,677 per share.
The tender offer period runs from 2024-01-01 to 2026-01-31. The minimum acceptance threshold is 24.33% of outstanding shares.
The total acquisition value is estimated at ¥224 billion. The buyback is aimed at improving capital efficiency and enhancing shareholder returns.
Investors are advised to refer to the full disclosure document for complete details of the tender offer.
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