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Oji Holdings completes significant share repurchase

February 27, 2025 at 12:03 PM UTCBy FilingReader AI

Oji Holdings Corporation (TSE: 3861) announced today the completion of a significant share repurchase executed through the Tokyo Stock Exchange's ToSTNeT-3 system. On February 27, 2025, the company acquired 21,164,300 shares of its own common stock at a price of ¥625.0 per share, totaling ¥13,227,687,500. This repurchase is part of a larger program authorized by the Board of Directors on December 12, 2024, which approved the repurchase of up to 100 million shares, not exceeding ¥50 billion, between December 13, 2024, and December 12, 2025. With this latest transaction, Oji Holdings has now repurchased a cumulative total of 44,915,600 shares for a total cost of ¥26,483,288,030 under the current board authorization. The repurchased shares represent approximately 10.1% of the company's outstanding shares, excluding treasury stock.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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