JAPAN: Nippon Meat plans for share buyback
Japanese protein giant Nippon Meat Packers revealed earlier today [Tuesday] that it will use its shareholders meeting on 27 June to garner approval for a ¥15bn share buyback scheme. The company aims to buy back up to 10 million, or 4.4%, of its own shares to make use of Japan's "treasury stock" scheme and hold the stock for strategic purposes.
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