Alps Alpine executes June share buyback program
Alps Alpine (TSE: 6770) announced the completion of its June 2025 share buyback program, acquiring 1,350,300 of its own common shares at a total cost of JPY 1,903,190,745. This buyback is part of a larger initiative, approved by the board on April 30, 2025, to repurchase up to 20,000,000 shares for a maximum of JPY 20 billion between May 1, 2025, and March 31, 2026. As of June 30, 2025, the company has repurchased a total of 1,450,400 shares at an aggregate cost of JPY 2,042,771,996 under this resolution, utilizing market purchases on the Tokyo Stock Exchange. Alps Alpine aims to increase value per share and improve capital efficiency through these strategic repurchases.
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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