Ajinomoto profit jumps 34% as share buybacks continue

Ajinomoto Co. reported first-quarter profit attributable to owners jumped 34.4% to 32.2 billion yen, with earnings per share at 32.62 yen.

The Japanese company repurchased 2.9 million shares for 11.6 billion yen in July, bringing total buybacks to 17.6 million shares worth 58.2 billion yen under its 100 billion yen program running until November.