TYO:6724

2 stories mentioning TYO:6724Updated 45d ago

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Seiko Epson to Launch Up to 30 Billion Yen Share Buyback

Seiko Epson (TYO:6724) said its board agreed to launch an up to 30 billion yen buyback, repurchasing as many as 17 million common shares as part of its plan to drive growth investments and shareholder returns.The printer manufacturer said the share buyback will run from Aug. 7, 2026, through March 31, 2027, and all repurchased shares will be canceled, according to a Thursday filing on the Tokyo Stock Exchange.The buyback, to be conducted on the Tokyo Stock Exchange using the discretionary method, represents 5.31% of its outstanding shares excluding treasury stock.

TYO:6724

Asia46d ago

Seiko Epson's Fiscal Q1 Profit Nearly Doubles

Seiko Epson (TYO:6724) recorded a 96% rise in attributable profit in the first fiscal quarter to 13 billion yen from 6.61 billion yen a year prior.Basic EPS were 40.52 yen, up from 20.64 yen in the year-ago period, according to a Wednesday Tokyo bourse filing.The printer manufacturer's revenue increased 14% year on year to 367.2 billion yen from 320.9 billion yen.The company forecasts an attributable profit of 69 billion yen, basic EPS of 215.34 yen, revenue of 1.510 trillion yen, and a total dividend of 80 yen per share for the fiscal year ending March 31, 2027.

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