Nihon Seikan k.k. announces an Equity Buyback for 12,000 shares, representing 0.88% for ?17 million.
November 01, 2021 at 02:00 am
Nihon Seikan k.k. (TSE:5905) announces a share repurchase program. Under the program, the company will repurchase 12,000 shares, representing 0.88% of its share capital, for ?17 million. The company will repurchase its shares in order to implement a flexible capital policy in response to changes in the business environment. The program will run until March 22, 2021. As of September 30, 2021, the company had 1,358,665 shares outstanding (excluding treasury shares) and 33,335 shares in treasury.