NC Holding Co. Ltd announces an Equity Buyback for 100,000 shares, representing 1.56% for ¥65 million.
December 20, 2019 at 01:00 am
NC Holding Co. Ltd (TSE:6236) announces a share repurchase program. Under the program, the company will repurchase 100,000 shares, representing 1.56% of the outstanding shares for ¥65 million. The purpose of the program is to enable the implementation of a flexible capital policy in response to changes in the business environment. The program will run until June 22, 2020. As of November 30, 2019, the company had 6,400,579 shares outstanding and 15,467 shares in treasury.