JALCO Holdings Inc. announces an Equity Buyback for 2,000,000 shares, representing 2.21% for ¥500 million.
August 11, 2020 at 02:00 am
JALCO Holdings Inc. (JASDAQ:6625) announces an share repurchase program. Under the program the company will repurchase 2,000,000 shares, representing 2.21% of the outstanding shares for ¥500 million. The purpose of the program is to repurchase shares a part of the measures for shareholder returns. The program will run until February 11, 2021. As of July 31, 2020, the company had 90,670,318 shares outstanding and 1,456,448 shares in treasury.