Akatsuki Eazima Co., Ltd. announces an Equity Buyback for 35,000 shares, representing 1.73% for ¥43.65 million.
April 16, 2020 at 03:00 am EDT
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Akatsuki Eazima Co., Ltd. (JASDAQ:1997) announces a share repurchase program. Under the program, the company will repurchase 35,000 shares, representing 1.73% of its share capital, at ¥1,247 per share for ¥43.65 million. The company will repurchase its shares in order to enable the implementation of a flexible capital policy in response to changes in the business environment. As of April 16, 2020, the company had 2,020,995 shares outstanding (excluding treasury shares) and 179,005 shares in treasury.
AKATSUKI EAZIMA CO., LTD. is a Japan-based company primarily engaged in the design, construction and maintenance management of facilities such as air conditionings, plumbing and sanitations. The Company has three business segments. The Facility segment is engaged in the general facilities work such as building facilities work, renewal work, civil engineering work, plant work and building care work, as well as the maintenance and management of equipment. The Solar Power Generation segment is engaged in the solar power generation business, and the sale of power. The Other segment is engaged in the sale and leasing of real estate, and other business.
AKATSUKI EAZIMA CO., LTD. 
