JSS Corporation announces an Equity Buyback for 170,000 shares, representing 4.22% for ¥100 million.
February 13, 2019 at 02:30 am EST
JSS Corporation (JASDAQ:6074) announces a share repurchase program. Under the program, the company will repurchase 170,000 shares, representing 4.22% of the outstanding shares for ¥100 million. The purpose of the program is to implement a flexible capital policy in response to changes in the business environment, to enhance capital efficiency and improve shareholder returns. The program will run until December 20, 2019. As of December 31, 2019, the company had 4,025,684 shares outstanding and 372 shares in treasury.