Fuji Media Shares Drop as Buyback Plan Heralds Activist Exit
Fuji Media Holdings Inc. shares plunged as much as 12% after the embattled Japanese firm announced a large share buyback plan and said entities linked to activist investor Yoshiaki Murakami...
By Alice French · Bloomberg Markets
Fuji Media Holdings Inc. shares plunged as much as 12% after the embattled Japanese firm announced a large share buyback plan and said entities linked to activist investor Yoshiaki Murakami indicated they would sell their stakes.