Fields Corporation announces an Equity Buyback for 1,100,000 shares, representing 3.31% for ¥381.7 million.
August 06, 2020 at 02:40 am
Fields Corporation (TSE:2767) announces an share repurchase program. Under the program the company will repurchase 1,100,000 shares, representing 3.31% of the outstanding shares, at ¥347 per share for ¥381.7 million. The purpose of the program is to improve shareholder returns and cpaital efficiency. As of June 30, 2020, the company had 33,183,700 shares outstanding and 1,516,300 shares in treasury.