Paris Miki Holdings Inc. announces an Equity Buyback for 500,000 shares, representing 0.98% for ¥150 million.
September 04, 2019 at 02:00 am EDT
Paris Miki Holdings Inc. (TSE:7455) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, representing 0.98% of its share capital, for ¥150 million. The company will repurchase its shares in order to implement a flexible capital policy in response to changes in the business environment. The share repurchase program will run until December 30, 2019. As of August 31, 2019, the company had 50,966,476 shares outstanding (excluding treasury shares) and 5,090,998 shares in treasury.