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ASICS to Buy Back Up to 1.40% of Outstanding Shares Worth ¥30 Billion

The Japanese sportswear manufacturer announced a share repurchase program to acquire up to 1.40% of its stock, valuing the buyback at ¥30 billion.

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Terms & Concepts
  • Share Repurchase: A corporate action where a company buys back its own shares from the market, reducing the number of outstanding shares.