Japan stock buybacks hit $57bn, speeding toward annual record

Repurchases are growing in size and being embraced by more companies

20240612N TSE

The Tokyo Stock Exchange has been urging listed companies to raise their price-to-book ratios. (Photo by Yuki Kohara)

MOMOKO IMAMURA, Nikkei staff writer

TOKYO -- Share buybacks in Japan are running at a record pace this year as listed companies respond to pressure to use capital more efficiently.

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