On November 5, JR Kyushu announced its intention to buy back shares by the end of March 2020. The company will repurchase up to 2% or ¥10 billion of its stock. Aaron Stern, Managing Director of the major shareholder Fir Tree Partners, welcomed the decision of JR Kyushu after having proposed a buyback of up-to-10% company share at JR Kyushu’s annual general meeting in June. Source: Nikkei Shimbun, 11/6/2019
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