T&S inc. announces an Equity Buyback for 170,000 shares, representing 2.23% for ¥250 million.
December 14, 2021 at 02:00 am
T&S inc. (TSE:4055) announces an share repurchase program. Under the program the company will repurchase 170,000 shares, representing 2.23% of the outstanding shares for ¥250 million. The purpose of the program is to implement agile capital policies that flexibly respond to changes in the business environment and improve shareholder profits and capital efficiency. The program will run until July 13, 2022. As of December 14, 2021, the company had 7,633,200 shares outstanding (excluding treasury stock) and no shares in treasury.