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Kyushu Railway Completes Share Repurchase to Enhance Capital Efficiency

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Kyushu Railway Company ( (JP:9142) ) has shared an update.

Kyushu Railway Company has completed the repurchase of 2,592,000 of its own shares, representing 1.66% of the total outstanding shares, through Off-Auction Own Share Repurchase Trading (ToSTNeT-3) on the Tokyo Stock Exchange. This move aligns with the company’s medium-term business plan to enhance capital efficiency and reduce capital costs, reflecting its commitment to providing stable shareholder returns.

More about Kyushu Railway Company

Kyushu Railway Company operates in the transportation industry, primarily focusing on railway services. It is listed on the Tokyo Stock Exchange and Fukuoka Stock Exchange, and it emphasizes stable shareholder returns and capital efficiency.

YTD Price Performance: 1.99%

Average Trading Volume: 607,962

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen606.2B

For a thorough assessment of 9142 stock, go to TipRanks’ Stock Analysis page.

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