Elliott pressures Japan's Daikin for $6.3 bln share buyback, Nikkei reports
16/04/2026 13:16
April 16 (Reuters) - Japan's Daikin Industries 6367.T is facing pressure from U.S.-based activist investor Elliott Management to buy back up to one trillion yen ($6.29 billion) of its shares over the next few years, Nikkei Asia reported on Thursday. ($1 = 158.9300 yen) (Reporting by Kumar Tanishk in Bengaluru; Editing by Anil D'Silva) ((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk;))
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