Japan Exchange Group Announces JPY 16 Billion Buyback; 3Q Result in Line
Wide-moat Japan Exchange Group announced a JPY 16 billion share repurchase plan along with an in line third-quarter result. The share buyback will be funded by the issuance of corporate bonds and management noted the exercise is to better utilise its capital structure to take advantage of the favourable interest rate environment in Japan. The use of debt is not unique to exchange operators as the Hong Kong Exchange and Clearing funded its acquisition of the London Metal Exchange with a combinati...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.