Strike Company,Limited announces an Equity Buyback for 250,000 shares, representing 1.29% for ¥600 million.
January 28, 2019 at 01:00 am
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Strike Company,Limited (TSE:6196) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares, representing 1.29% of its share capital, for ¥600 million. The company will repurchase its shares in order to improve capital efficiency and implement a flexible capital policy which responds to changes in the business environment. The share repurchase program will run until March 8, 2019. As of January 28, 2019, the company had 19,354,200 shares outstanding (excluding treasury shares).
Strike Company, Limited is a Japan-based company mainly engaged in mergers and acquisitions (M&A) brokerage business. The Company conducts M&A brokerage business, including mergers, acquisitions, and capital alliances between companies as a certified public accountant and tax accountant company. The Company also performs incidental business including advisory business, support for M&A execution, due diligence business, company evaluation business, consulting service for improving corporate value, as well as financial consulting service, among others.