Kyoei Sangyo Co., Ltd. announces an Equity Buyback for 146 shares.
October 30, 2017 at 02:00 am EDT
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Kyoei Sangyo Co., Ltd. (TSE:6973) announces a share repurchase program. Under the program, the company will repurchase up to 146 shares. The company will repurchase its shares in order to process the fractional shares resulting from a reverse share-split.
KYOEI SANGYO CO., LTD. is principally engaged in the sale of trading business, information communication technology business and other businesses. The Company operates in three business segments. The Trading segment is involved in the sale of semiconductors, electronic devices, electronic materials, factory automation (FA) and environmental system equipment. The Information Communication Technology (IT) segment develops software and systems, designs integrated circuits (ICs), as well as produces and sells information system equipment, electronic equipment and package software. The Manufacturing segment manufactures and sells printed circuit boards (PCBs).