Kubota Announces Major Share Buyback Plan
Company Announcements

Kubota Announces Major Share Buyback Plan

Kubota (JP:6326) has released an update.

Kubota Corporation has announced plans to repurchase 5.2 million of its own common shares, with the total buyback valued at approximately 10.4 billion yen, through the Tokyo Stock Exchange’s ToSTNeT-3 system. The transaction is scheduled for September 13, 2024, at the market opening price and is part of a larger share repurchase program authorized by the Board of Directors, which allows for buying back up to 32 million shares or 50 billion yen worth of stock by December 16, 2024.

For further insights into JP:6326 stock, check out TipRanks’ Stock Analysis page.

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