Green Cross Co.,Ltd. announces an Equity Buyback for 65,000 shares, representing 1.5% for ¥88.4 million.
September 13, 2016
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Green Cross Co.,Ltd. (FKSE:7533) announces a share repurchase program. Under the program, the company will repurchase 65,000 shares, representing 1.5% of the outstanding shares, at ¥1,360 per share for ¥[88.4 million. Shares will be repurchased through the Fukuoka Stock Exchange Own Share Repurchase. The purpose of the program is to enable the implementation of a flexible capital policy in response to changes in the business environment. As of September 14, 2016, the company had 4,337,700 shares outstanding and 174,940 shares in treasury.
GREEN CROSS CO., LTD. is a Japan-based company mainly engaged in the sale and rental of safety equipment, as well as the production and sale of sign media. The Company is principally involved in the sale and rental of safety equipment, such as road safety materials, disaster prevention materials for construction, security and safety products and protective equipment. The Company conducts the sale and rental of safety equipment and security supplies, sale and rental of civil engineering and construction materials, rental of equipment, office supplies and surveying equipment related to fire prevention, disaster prevention and safety, planning, production and sales of graphic signs, advertising agency business and other businesses.
GREEN CROSS CO.,LTD. 