Activist Palliser Takes Stake in Japan's SMC, Proposes $3.8 Billion Buyback, Letter Shows

2026-04-27T020912Z_1875596798_RC2DXKA80I8A_RTRMADP_3_PALLISER-SMC
TOKYO, April 27 (Reuters) – London-based activist fund Palliser Capital has made a “significant” investment in Japanese factory automation firm SMC Corp 6273.T and has proposed it make a $3.8 billion share buyback, according to a letter sent to the company.

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