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Doutor•Nichires boosts dividend, announces share buyback amid strong earnings

April 14, 2025 at 12:10 PM UTCBy FilingReader AI

Doutor•Nichires Holdings (TSE: 3087) announced a significant increase in its year-end dividend and a new share buyback program, signaling confidence in its financial health and commitment to shareholder returns. The company will raise its year-end dividend to JPY 27.00 per share, up from an earlier forecast of JPY 25.00, bringing the total annual dividend to JPY 50.00, a JPY 10.00 increase year-over-year. This decision was influenced by the company's strong sales performance and profits exceeding initial projections. In addition to the dividend increase, Doutor•Nichires has approved a share buyback program, authorizing the purchase of up to 3.5 million shares, or 7.98% of outstanding shares (excluding treasury stock), for a maximum cost of JPY 5 billion between April 15, 2025, and October 14, 2025. The buyback aims to enhance shareholder value and enable a flexible capital strategy. As a final note, Doutor•Nichires announced the retirement of board member Mr. Yasuyuki Amama, effective May 27, 2025.

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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