Business & Finance
Kioxia Buyback Propels Japan’s Corporate Stock Buying to Record
Key Points
Kioxia Buyback Propels Japan’s Corporate Stock Buying to Record Japanese corporations logged the highest weekly equity purchases on record as memory maker Kioxia Holdings Corp.’s share buyback bolstered the tally. These corporations bought around ¥1.1 trillion ($6.9 billion) worth of Japanese equities on a net basis for the week ended August 7, according to data from the Japan Exchange Group.
Kioxia Buyback Propels Japan’s Corporate Stock Buying to Record
Japanese corporations logged the highest weekly equity purchases on record as memory maker Kioxia Holdings Corp.’s share buyback bolstered the tally.
These corporations bought around ¥1.1 trillion ($6.9 billion) worth of Japanese equities on a net basis for the week ended August 7, according to data from the Japan Exchange Group.