Kojima Co.,Ltd. announces an Equity Buyback for 500,000 shares, for ¥500 million.
April 08, 2021 at 02:00 am EDT
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Kojima Co.,Ltd. (TSE:7513) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, representing 0.64% of its share capital, for ¥500 million. The company will repurchase its shares in order to enhance shareholder returns, improve capital efficiency, and implement agile capital policies in response to changes in the business environment. The share repurchase program will run until June 30, 2021. As of March 31, 2021, the company had 77,617,571 shares outstanding (excluding treasury shares) and 295,145 shares in treasury.
Kojima Co Ltd is a Japan-based company mainly engaged in the sales of home appliances and other products. The Company operates the Product Sales business segment of audio-visual products, home appliances, information and communication equipment products, and others. The Company also repairs and installs home appliances and electrical products. The audio-visual products include cameras, televisions, recorders and video cameras, audio products and others. The home appliances include refrigerators, washing machines, cooking appliances, seasonal appliances, hairdressing appliances and others. The information and communication equipment products include personal computers, computer peripherals, computer software products, mobile phones and others. Other products and services include games, watches, sporting goods, toys, pharmaceuticals and daily necessities, construction work including housing equipment and others.
KOJIMA CO.,LTD. 