Mitani Corporation announces an Equity Buyback for 250,000 shares, representing 0.27% for ¥425 million.
May 18, 2022 at 03:30 am EDT
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Mitani Corporation (TSE:8066) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares, representing 0.27% of its issued share capital (excluding treasury stock), for ¥425 million. The program will run until March 24, 2023. As of May 18, 2022, the company had 91,875,773 shares in issue (excluding treasury stock) and 28,132,775 shares in treasury.
MITANI CORPORATION is a Japan-based manufacturing company. The Company operates in three business segments. The Information Systems-related segment is engaged in the sale of information systems equipment, the development of software, as well as the maintenance of equipment and devices. The Corporate Supply-related segment is engaged in the manufacture and sale of construction materials, petroleum products and liquefied petroleum (LP) gas products, the manufacture and sale of gondola machinery, wind power generation business, sales and processing of plastic products, processing and sales of spices, as well as the rental business. The Lifestyle and Regional Services-related segment is engaged in the provision of information communications services such as cable television and Internet provider services, the operation of nursing homes, car dealerships, the production and sales of ready-mixed concrete, gas station operations, sales of LP gas and housing equipment, among others.
MITANI CORPORATION 
