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Japan Foods embarks on share buybacks; Best World resumes trading and buybacks

The Edge Singapore
The Edge Singapore • 3 min read
Japan Foods embarks on share buybacks; Best World resumes trading and buybacks
Takahashi Kenichi, Japan Foods’ executive chairman and CEO, plans to develop more halal brands / Photo: Albert Chua
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Japan Foods, fresh from reporting improved earnings in the first half of the fiscal year, has been actively buying back shares throughout the month. The most recent was on Nov 29 when it bought back 100,000 shares at 43 cents each. This brings the total shares bought under the current mandate to 519,800 or 0.298% of the share base.

The last time Japan Foods bought back shares was on June 14, 2021, at 40.5 cents each for 203,000 shares.

Earlier on Nov 23, 25 and 28, it had acquired 200,000 shares at 42 cents each, 129,100 shares at 42.5 cents each and 90,700 shares at 42.5 cents each respectively.

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