Shintokyo Group Co., Ltd. announces an Equity Buyback for 150,000 shares, representing 3.02% for ¥49.5 million.
April 16, 2018 at 02:30 am EDT
Shintokyo Group Co., Ltd. (TSE:6066) announces a share repurchase program. Under the program, the company will repurchase 150,000 shares, representing 3.02% of the outstanding shares for ¥49.5 million. The purpose of the program is to enable the implementation of a flexible capital policy in response to changes in the business environment. The program will run until May 31, 2018. As of April 16, 2018, the company had 4,960,000 shares outstanding and 0 shares in treasury.