Takamatsu Construction Group Co., Ltd. announces an Equity Buyback for 660,100 shares, representing 1.86% for ¥1,846.3 million.
January 24, 2018 at 02:00 am
Share
Takamatsu Construction Group Co., Ltd. (TSE:1762) announces a share repurchase program. Under the program, the company will repurchase up to 660,100 shares, representing 1.86% of its share capital for ¥1,846.3 million. The share repurchase program will run until March 30, 2018. As of January 24, 2018, the company had 35,418,697 shares outstanding (excluding treasury shares) and 3,461,303 shares in treasury.
TAKAMATSU CONSTRUCTION GROUP CO., LTD. is a Japan-based company mainly engaged in the construction business, civil engineering business, real estate business and related businesses. The Company operates in three business segments. The Construction segment is engaged in business about construction and real estate, shrines and temples, reinforced concrete (RC) detached houses, interior renovation, renovation and maintenance, civil engineering, harbor and ocean related civil engineering and construction business. The Civil Engineering segment is engaged in marine civil engineering work, pavement work, slope protection and ground improvement work, pavement and general civil work, and excavation and survey of buried cultural properties business. The Real Estate segment provides real estate consultants, real estate business, real estate sale and brokerage business. The Company is also engaged in the development of construction finance business.