Vertex Corporation announces share buyback program
Vertex Corporation announced today a share buyback program aimed at enhancing shareholder returns and improving capital efficiency. The company plans to acquire up to 421,000 of its own common shares, representing 1.65% of outstanding shares (excluding treasury stock). The aggregate purchase price will not exceed JPY 800,000,000. The buyback period is scheduled to run from April 11, 2025, to July 31, 2025. Purchases will be made on the Tokyo Stock Exchange. As of March 31, 2025, Vertex Corporation had 28,853,350 outstanding shares (excluding treasury stock) and held 3,321,930 shares as 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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