Johnan Academic Preparatory Institute, Inc. announces an Equity Buyback for 200,000 shares, representing 2.6% for ¥79.6 million.
December 24, 2021 at 02:30 am EST
Johnan Academic Preparatory Institute, Inc. (JASDAQ:4720) announces a share repurchase program. Under the program, the company will repurchase 200,000 shares, representing 2.6% of its share capital, for ¥79.6 million. The company will repurchase its shares in order to enable shareholder returns, improved capital efficiency, and agile capital policy implementation according to the business environment. The program will run until December 27, 2021.