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

Reuters
12:31 JST,
April 27, 2026
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.
Popular Articles
Popular articles in the past 24 hours
-
Number of Immigration Officer-Escorted Forced Deportations in Jap...
-
Undrafted Japanese Kicker Signs with Raiders; ‘My Appeal Is My Ac...
-
Dutch Man Injured on Closed Mt. Fuji Route, Having Fallen While D...
-
Tokyo Vice Governor: SusHi Tech Tokyo Garners Tangible Business O...
-
Dior's New Concept Store in Tokyo's Trendy Daikanyama Area Incorp...
-
Japan to Host Leaders from Major Cities from Around the World for...
-
Govt to Support Universities in 17 Strategic Fields to Boost Huma...
-
Sabastian Sawe of Kenya Becomes First Person to Run a Sub-2-hour ...
Popular articles in the past week
-
Earthquake Hits Japan's Tohoku Region; 3-meter Tsunami Warning Is...
-
China, South Korea Object to Japanese PM Takaichi's Ritual Offeri...
-
Trump Extends the Ceasefire with Iran but Keeps the Blockade
-
India's Arms Indigenization Quest for Self-Reliance / New Delhi S...
-
¥1,000 Coins to Be Issued to Mark Anniversary of Beginning of Jap...
-
Most Serious Cyberattacks against the UK Now from Russia, Iran an...
-
Trump Opposes United–American Merger, Signals Support for Spirit
-
System Malfunction in Haneda Airport Causes 83 Flight Cancelation...
Popular articles in the past month
-
Earthquake Hits Japan's Tohoku Region; 3-meter Tsunami Warning Is...
-
Police Find Child's Shoe During Search for Missing Boy in Nantan,...
-
Body Found in Nantan, Kyoto Prefecture, During Search for 11-Year...
-
China, South Korea Object to Japanese PM Takaichi's Ritual Offeri...
-
Cherry Blossoms, Rapeseed Flowers Perform Colorful ‘Duet’ in Niig...
-
Trump Extends the Ceasefire with Iran but Keeps the Blockade
-
Olympic Gold Medal-Winning Figure Skaters Riku-Ryu Announce Retir...
-
Japanese Prime Minister Takaichi Speaks to Pakistani Prime Minist...
JN ACCESS RANKING
-
Earthquake Hits Japan’s Tohoku Region; 3-meter Tsunami Warning Issued (Update 1)
-
Police Find Child’s Shoe During Search for Missing Boy in Nantan, Kyoto Prefecture
-
Body Found in Nantan, Kyoto Prefecture, During Search for 11-Year-Old Boy in Area (Update 1)
-
China, South Korea Object to Japanese PM Takaichi’s Ritual Offering to Yasukuni Shrine
-
Cherry Blossoms, Rapeseed Flowers Perform Colorful ‘Duet’ in Niigata





