Japan's Tokyo Gas has decided to cut its shareholder return ratio to 40 per cent from the current 50 per cent, and use freed up funds to reduce its carbon emissions, the company said on Wednesday.'Acquisition of treasury stock for retirement will be considered as one way of providing shareholder return in
Japan's Tokyo Gas has decided to cut its shareholder return ratio to 40 per cent from the current 50 per cent, and use freed up funds to reduce its carbon emissions, the company said on Wednesday.
To achieve the goal, Tokyo Gas plans to build a large-scale synthetic methane supply chain covering the United States and other locations, and expand in offshore wind power, hydrogen and other renewable energy businesses.
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