Sinko Industries Ltd. announces an Equity Buyback for 250,000 shares, representing 0.96% for ?575 million.
November 18, 2021 at 01:00 am
Sinko Industries Ltd. (TSE:6458) announces a share repurchase program. Under the program, the company will repurchase 250,000 shares, representing 0.96% of its share capital, for ?575 million. The company will repurchase its shares in order to carry agile capital policies that respond to changes in the business environment. The program will run until December 3, 2021. As of October 31, 2021, the company had 25,964,289 shares outstanding (excluding treasury shares) and 1,247,974 shares in treasury.