Furubayashi Shiko Co.,Ltd. announces an Equity Buyback for 4,800 shares, representing 0.44% for ?9.98 million.
November 16, 2021 at 02:30 am
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Furubayashi Shiko Co.,Ltd. (TSE:3944) announces a share repurchase program. Under the program, the company will repurchase up to 4,800 shares, representing 0.44% of its issued share capital for ?9.98 million. The shares will be repurchased at a price of ?2,080 per share. The purpose of the program is to improve the shareholder value of our shares, expand options for future capital policies, and ensure agility. The program is valid till November 17, 2021. As of November 16, 2021, the company had 1,101,587 shares issued (excluding treasury stock) and 675,233 shares in treasury.
FURUBAYASHI SHIKO CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of printing paper containers and plastic packing materials. Along with its subsidiaries, the Company operates in two business segments, including Japan segment and China segment. Products include printing paper containers, packaging systems, containers, rolls, labels and contracts. The printing paper containers are used for cosmetics, detergents, household goods, confectionery and food, pharmaceuticals, general goods, and gifts.
FURUBAYASHI SHIKO CO.,LTD. 
