Tokyo, Novemberโค 13, 2024 – In a presentation summarizing the FY2025 3Qโฃ financial results, company leadership โขtoday highlighted a โคrobust โshare buyback program, investor engagementโข initiatives, โขand an upcoming Investor Relations Day.
The company announced a share buyback program on October 9, and thru the end of October, had repurchased approximately ยฅ7.4 billion in shares. Despite current โshare price challenges,management emphasized the prospect too invest at attractive โvaluations,anticipating future Earnings Per Share (EPS) accretion. The company reaffirmed its core “Assetโ Assembler”โค strategy, prioritizing Mergers & Acquisitions (M&A) for surplus cash allocation.
Theโ buyback decision followed careful deliberation at a September Board meetingโ and reflects โdirect feedback from โฃthe capital markets. Demonstratingโ a commitment โคto transparency, the company noted recent improvements to its disclosure practices and expressed gratitude for โคinvestor input.
Recently, the company hosted an investor tour of its new Tokyoโ Innovation Center, featuring presentations and Q&A โคsessions with the โChief Technology Officers (CTOs) of bothโ the Japan Group andโข NIPSEA Group. Leadership thanked the investors and analysts who participated.
Looking ahead, an Investor Relationsโ (IR) Dayโ is scheduled for Wednesday, november 26, to be held in the morning Japan time. The event will include a โคpresentation from AOC, alongside presentations from both Co-Presidents. The company extended an invitation to all interested parties.