Fujikoh Company.,Limited announces an Equity Buyback for 220,000 shares, representing 4.84% for ¥100 million.
May 08, 2019 at 10:30 pm EDT
Fujikoh Company Limited (TSE:2405) announces a share repurchase program. Under the program, the company will repurchase 220,000 shares, representing 4.84% of the outstanding shares for ¥100 million. The purpose of the program is to enable the implementation of a flexible capital policy in response to changes in the business environment. The program will run until July 31, 2019. As of May 9, 2019, the company had 4,540,877 shares outstanding and 123 shares in treasury.