{"id":1004973,"date":"2026-04-27T08:25:52","date_gmt":"2026-04-27T02:55:52","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1004973"},"modified":"2026-04-27T08:36:03","modified_gmt":"2026-04-27T03:06:03","slug":"activist-palliser-takes-stake-in-japans-smc-proposes-3-8-billion-buyback","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/04\/27\/activist-palliser-takes-stake-in-japans-smc-proposes-3-8-billion-buyback\/","title":{"rendered":"Activist Palliser takes stake in Japan&#8217;s SMC, proposes $3.8 billion buyback"},"content":{"rendered":"<p>TOKYO: London-based activist fund Palliser Capital has made a &#8220;significant&#8221; investment in Japanese factory automation firm SMC Corp and has proposed it conduct a $3.8 billion buyback, according to a letter sent to the company and reviewed by \u200cReuters. <\/p>\n<p>Palliser believes SMC, \u2060which \u2060makes machinery used in chipmaking, has shown foresight in investing in production capacity but said the company is undervalued and should focus on improving utilisation and margins, the letter showed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TOKYO: London-based activist fund Palliser Capital has made a &#8220;significant&#8221; investment in Japanese factory automation firm SMC Corp and has proposed it conduct a $3.8 billion buyback, according to a letter sent to the company and reviewed by \u200cReuters. Palliser believes SMC, \u2060which \u2060makes machinery used in chipmaking, has shown foresight in investing in production capacity but said the company is undervalued and should focus on improving utilisation and margins, the letter showed.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1004973","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1004973","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1004973"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1004973\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1004973"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1004973"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1004973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}