TSE:6326Machinery
Assessing Kubota (TSE:6326) Valuation After New 1.3% Share Buyback Plan
Buyback plan puts Kubota’s capital return in focus
Kubota (TSE:6326) has put a fresh spotlight on its capital return policy after the Board authorized a share repurchase program covering up to 1.3% of issued share capital.
See our latest analysis for Kubota.
The buyback decision comes after a period of firm gains, with Kubota’s share price delivering a 14.14% year to date return and contributing to a 58.71% 1 year total shareholder return, which suggests positive momentum in how the market...