Kyocera (6971 JT) is to sell JPY 250bln of KDDI (9433 JT) shares during FY27, while it is to buy back up to JPY 500bln of shares in FY27/FY28
Kyocera's decision to sell off JPY 250 billion in KDDI shares while simultaneously initiating a buyback of up to JPY 500 billion signals a strategic shift aimed at optimizing its capital structure.
PBoC sets USD/CNY mid-point at 6.9608 vs exp. 6.9598 (Prev. 6.9695)
PRE-MARKET CHINESE STOCKS NEWS: Alibaba (9988 HK) unveiled a USD 432mln campaign to push mass-market adoption of its AI
Kyocera (6971 JT) is to sell JPY 250bln of KDDI (9433 JT) shares during FY27, while it is to buy back up to JPY 500bln of shares in FY27/FY28
Korea Exchange activates sidecar to halt program trading briefly on benchmark KOSPI after sharp equity rise
PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: ASE Technology (3711 TT) is accelerating capacity expansion across multiple locations, while its unit commissions plant engineering project for TWD 1.8bln
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This dual action could strengthen Kyocera's balance sheet by reallocating resources toward share buybacks, potentially boosting shareholder value, but may lead to volatility in KDDI's stock as markets digest the implications of this large divestment.
Related headlines
- Kioxia (285A JT) reportedly pushes the use of NAND to replace part of DRAM functions via a CXL memory-expansion module; module could double memory capacity and raise performance by 30%, and plans to supply SSD samples in 20281 day ago
- DeepSeek reportedly aims to deploy over 160k Huawei AI chips in China, Bloomberg reports1 day ago
- PRE-MARKET INDIAN STOCKS NEWS: Power Grid Corporation of India (PWGR IS) received an LoI worth INR 11.52bln to establish an inter-state transmission system1 day ago
- Cathay Pacific (293 HK) cancels all passenger flights to Dubai and Riyadh through to November 30th1 day ago
- PRE-MARKET CHINESE STOCKS NEWS: Xiaomi (1810 HK) signed an MoU with the first batch of leading German automotive dealer groups as it plans to enter the European market in 20271 day ago
- PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Scientech (3583 TT) expects shipments to rise 50% Y/Y this year1 day ago
- PRE-MARKET AUSTRALIAN, JAPANESE & SOUTH KOREAN STOCKS NEWS: Samsung Electronics (005930 KS) - Co. narrowed the gap with market leader SK Hynix (000660 KS) in the global high-bandwidth memory market in Q21 day ago
- ByteDance is reportedly looking to expand its computing capacity by building more data centres in Mongolia in the next 2 years, SCMP reports2 days ago
- China Prelim Retail Passenger Vehicle Sales (Aug) +11% M/M (prev. -8.8%); -4% Y/Y (prev. -20.9%) 2 days ago
- Cintrini's Jukan, citing Citi sales desk, says "The current sell-off in Korean memory stocks is being driven by a rumour that the US is preparing tariffs targeting Korean semiconductors"2 days ago
- PRE-MARKET INDIAN STOCKS NEWS: Oil and Natural Gas Corporation (ONGC IS) international investment arm sent a team to Venezuela to review assets after receiving clearance from the US2 days ago
- ByteDance gets a USD 30bln loan, which is Asia's second-largest this year2 days ago
- PRE-MARKET CHINESE STOCKS NEWS: SHEIN (625 HK) will join the Hang Seng Composite Index and several sub-indexes, effective September 15th2 days ago
- PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Nasdaq 100 lagged during US trade but still finished in the green after US stocks rebounded from losses as front-end yields edged lower2 days ago
- PRE-MARKET AUSTRALIAN, JAPANESE AND SOUTH KOREAN STOCKS NEWS: Hanwha Ocean (042660 KS) won a KRW 1.55tln order from Taiwan’s Yang Ming Marine Transport to build six LNG dual-fuel container ships2 days ago
- Xiaomi (1810 HK) says it will unveil its new center-fold Xiaomi 18 Fold smartphone on Sept. 7 at 19:00 Beijing time (12:00 BST)3 days ago
- Shein (0625 HK) will join the Hang Seng Composite Index, effective 15th September3 days ago
- TSMC (TSM/ 2330 TT) COO says the company cannot secure enough construction workers in Taiwan, comments made at the SEMICON trade exposition3 days ago
- PRE-MARKET INDIAN STOCKS NEWS: India raised its windfall tax on petrol exports to INR 1.5 from zero, effective September 1st3 days ago
- Honda (7267 JT) aims to reduce costs by JPY 1.5tln by 20303 days ago
The whole workspace, free to try.
Try it free