Japanese Stocks: Timely Buybacks, Stock Retiring [View article]
Hey Steven,
I am kinda new to market and read your blogs about Japanese companies/markets. Today I was reading the blog titled "Japanese Stocks: Timely Buybacks, Retiring Stocks". I have a question for you. When you say, "Toyota (JP:7203) (TM), which plans to retire the equivalent of 4.5% of shares outstanding"
I actually didn't get the meaning of it. Forgive my ignorance, but can you please help me understand the meaning of above line.
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I am kinda new to market and read your blogs about Japanese companies/markets. Today I was reading the blog titled "Japanese Stocks: Timely Buybacks, Retiring Stocks". I have a question for you. When you say, "Toyota (JP:7203) (TM), which plans to retire the equivalent of 4.5% of shares outstanding"
I actually didn't get the meaning of it. Forgive my ignorance, but can you please help me understand the meaning of above line.
Thanks
Ankit