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October 1, 2024
for Tokyo, Oct. 01, 2024 In a move that has captured the attention of investors, Lead Real Estate Co., Ltd (Nasdaq: LRE), a prominent Japanese luxury real estate developer, has announced a special cash dividend following the approval from its Board of Directors on June 18, 2024. This decision underscores the company?s robust financial performance and its strategic positioning within the competitive real estate market in Japan, particularly in metropolitan areas like Tokyo, Kanagawa, and Sapporo.The impending dividend, which shareholders can expect to receive on or about September 30, 2024, rewards stockholders who were on record as of June 30, 2024 (Japan Standard Time), with an American depositary receipt record date set for June 28, 2024 (Eastern Time). This proactive step towards returning profits to shareholders speaks not only to Lead Real Estate s strong cash flow but also its commitment to enhancing shareholder value amid a backdrop of fluctuating market conditions.
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