Nomura to Buy Back Up to 8.6% of Shares

The transcript discusses Nomura's announcement of a significant buyback and a reduction in its stake in research institutes to improve capital efficiency. It highlights the challenges Nomura has faced, including financial losses and issues with overseas business, and how the recent actions are expected to positively impact investors.

What are the two main components of Nomura's recent financial announcement?

• A reduction in workforce and a new marketing campaign

• A large buyback and a stake sale in a research institute

• A significant increase in employee salaries and a new office opening

• A merger with another company and a new product launch

How much of its stake is Nomura planning to sell in the research institute?

• 200 million

• 160 million

• 50 million

• 100 million

What will be Nomura's holding percentage in the research institute after the sale?

• 50%

• 37%

• 30%

• 23%

What recent problem has Nomura faced that affected its participation in major deals?

• A lawsuit from a competitor

• A failed merger

• A leaking of information to shareholders

• A data breach

What is the expected positive outcome for investors from Nomura's recent actions?

• Increased dividends

• More efficient use of capital

• Expansion into new markets

• Higher employee bonuses