I-O Data Device, Inc. announces an Equity Buyback for 400,000 shares, for ¥500 million.
December 04, 2020 at 01:30 am
I-O Data Device, Inc. (TSE:6916) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 3.02% of its share capital, for ¥500 million. The company will repurchase shares as part of its agile capital policy implementation and shareholder return measures in response to changes in the business environment. The share repurchase program will run until March 31, 2021. As of November 30, 2020, the company had 13,236,038 shares outstanding (excluding treasury shares) and 1,603,311 shares in treasury.