Piala Inc. announces an Equity Buyback for 250,000 shares, representing 3.51% for ¥300 million.
August 13, 2021 at 02:00 am EDT
Piala Inc. (TSE:7044) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares, representing 3.51% of its issued share capital for ¥300 million. The purpose of the program is enhancing shareholder returns and improving capital efficiency. The program is valid till February 28, 2022. As of June 30, 2021, the company had 7,115,600 shares issued (excluding treasury stock) and 400 shares in treasury.