KPP GROUP HOLDINGS CO.,LTD. [9274.T]

TOKYO, Jun 18 (Pulse News Wire) – KPP has authorised a share repurchase programme capped at 3.6 Billion Yen (4.8% of issued shares excluding treasury).

Acquisitions will be conducted via on-market purchases on the Tokyo Stock Exchange.

KPP cited strengthening shareholder returns and improving capital efficiency as the rationale for the action.

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