Kishida Floats Buyback Regulations, Spooking Japanese Stocks
- Premier says guidelines on repurchases might be appropriate
- But he said caution needed on introducing strict regulations
Fumio Kishida
Photographer: Kiyoshi Ota/BloombergThis article is for subscribers only.
Japanese Prime Minister Fumio Kishida indicated he could consider writing guidance for companies on share buybacks, triggering a dip in the nation’s stock market that’s been boosted by such repurchases in recent years.
Kishida said introducing “guidelines” on buybacks would be appropriate, in response to a question in parliament from opposition lawmaker Takayuki Ochiai. The Japanese premier added that caution would be needed in implementing any strict regulations.