Japan Animal Referral Medical Center Co., Ltd. announces an Equity Buyback for 100,000 shares, representing 4.19% for ¥200 million.
December 20, 2021 at 01:00 am
Japan Animal Referral Medical Center Co., Ltd. (TSE:6039) announces a share repurchase program. Under the program, the company will repurchase 100,000 shares, representing 4.19% of the outstanding shares for ¥200 million. The purpose of the program is to improve shareholder returns and capital efficiency, and to enable the implementation of a flexible capital policy in response to changes in the business environment. The program will run until February 28, 2022. As of November 30, 2021, the company had 2,386,084 shares outstanding and 50,116 shares in treasury.