Ohmoriya Co.,Ltd. announces an Equity Buyback for 35,000 shares, representing 0.69% for ¥27.93 million.
May 19, 2021 at 03:00 am
Share
Ohmoriya Co.,Ltd. (JASDAQ:2917) announces a share repurchase program. Under the program, the company will repurchase up to 35,000 shares, representing 0.69% of its issued capital for ¥27.93 million. The shares will be repurchased at a price of ¥798 per share. The purpose of the program is to enable agile capital policy in response to changes in the business environment. The program will expire on May 20, 2021. As of March 31, 2021, the company had 5,062,457 shares in issue and 35,639 shares in treasury.
OHMORIYA Co., LTD. is a Japan-based company mainly engaged in the food production and sale business covering all food products mainly including seaweed, as well as the real estate leasing business. The Food Production and Sale segment is mainly engaged in the manufacture and sale of commercial laver products such as home laver, advanced products and sprinkles, both in Japan and overseas. Main products include seasoned laver, grilled laver, sprinkle, ochazuke, soup, among others.