Japan’s ANA eyes 8% ROA benchmark for share buyback, CFO says

Japan's ANA eyes 8% ROA benchmark for share buyback, CFO says Japan's ANA eyes 8% ROA benchmark for share buyback, CFO says

TOKYO — ANA Holdings will consider buying back its shares once the Japanese airline approaches a return on assets of 8% or higher, the company chief financial officer told Nikkei.

“If an ROA of 8% or more comes into view, then share buybacks as a means of returning value to shareholders could be an option,” Kimihiro Nakahori  said.