Nissha Co., Ltd. announces an Equity Buyback for 350,000 shares, representing 0.69% for ¥500.85 million.
February 19, 2021 at 02:00 am EST
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Nissha Co., Ltd. (TSE:7915) announces a share repurchase program. Under the program, the company will repurchase up to 350,000 shares, representing 0.69% of its issued share capital (excluding treasury stock), for a total purchase price of ¥500.85 million. The shares will be repurchased at a price ¥1,431 per share. The purpose of the program is to improve capital efficiency and carry out agile management in response to changes in the corporate environment. The program will be valid till February 22, 2021. As of December 31, 2020, the company had 50,855,638 issued shares (excluding treasury stock) and 853,692 treasury shares.
Nissha Co.,Ltd., is a Japan-based company mainly engaged in the planning, development, production and sale of industrial materials, devices, medical technology, information and communication and others. It operates through four business segments. Industrial Materials segment produces and sells decorative films, molds, molded product and metallized paper. Device segment is engaged in manufacture and sale of film touch sensors, gas sensors and input devices. Medical Technology segment is engaged in the production and sale of medical electrodes and surgical instruments for medical institutions, and the contract manufacturing for medical device manufacturers. Information Communication segment is involved in the planning, production and sale of products and services such as publication printing, commercial printing, art solutions, and sales promotions. It is also engaged in the business of green space management, industrial waste separation collection and transportation, and security.
NISSHA CO., LTD. 
