Trust Holdings Inc. announces an Equity Buyback for 1,150,000 shares, for ¥405.95 million.
August 11, 2021 at 03:30 am
Trust Holdings Inc. (TSE:3286) announces a share repurchase program. Under the program, the company will repurchase up to 1,150,000 shares, representing 23.17% of its share capital, at ¥353 per share for ¥405.95 million. The acquisition of treasury stock will be carried out by bank borrowing and own funds. The share repurchase program will run until August 12, 2012. As of July 31, 2021, the company had 4,962,412 shares outstanding (excluding treasury shares) and 242,088 shares in treasury.