Kensoh Co.,Ltd. announces an Equity Buyback for 35,000 shares, representing 0.9% for ¥12.6 million.
November 23, 2016
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Kensoh Co.,Ltd. (JASDAQ:7939) announces a share repurchase program. Under the program, the company will repurchase 35,000 shares, representing 0.9% of the outstanding shares for ¥12.6 million. Shares will be repurchased from the Tokyo Stock Exchange Off-Auction own Share Repurchase Trading (ToSTNeT-3). 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 November 24, 2016, the company had 3,894,579 shares outstanding and 128,195 shares in treasury.
KENSOH CO.,LTD. is a Japan-based company primarily engaged in the manufacture and sale of sign products. The Company is engaged in the provision of letter sign products, light-emitting diode (LED) units, phosphorescent sign products, exterior sign products, interior sign products, digital sign products, barrier-free related sign products, sign system order sign products and others. The Company is also engaged in the holding, management and operation of securities.