Cosmo Oil (5021) Shareholder Return Policy Is Bigger Than It Looks
348 Views, 13 May 2022 13:13
Cosmo Energy Holdings (5021 JP), subject of a selldown by its major shareholder (discussed here), then a large stake purchase by activist Murakami-san (discussed here) announced earnings and a buyback.
The buyback is large enough to matter to other shareholders.
The shareholder structure is interesting enough that investors need to pay attention to the possibilities.