Raito Kogyo buys back 1.7m shares for 4.5bn yen

Raito Kogyo has acquired 1.7 million shares for 4.5 billion yen as of July 31, representing more than half of its authorized buyback program.

The company purchased 175,600 shares for 512 million yen in July alone under a board resolution authorizing acquisition of up to 3.3 million shares at a maximum cost of 7 billion yen through December 2025.