Takamisawa Co., Ltd. announces an Equity Buyback for 20,000 shares, representing 1.19% for ¥40 million.
November 07, 2022 at 01:00 am EST
Share
Takamisawa Co., Ltd. (TSE:5283) announces a share repurchase program. Under the program, the company will repurchase up to 20,000 shares, representing 1.19% of its share capital, for ¥40 million. The company will repurchase its shares in order to enhance shareholder returns and improve capital efficiency.
The share repurchase program will run until December 31, 2022. As of October 31, 2022, the company had 1,680,906 shares outstanding (excluding treasury shares) and 77,494 shares in treasury.
TAKAMISAWA CO., LTD. is a manufacturing company. The Construction-related segment manufactures and sells concrete secondary products, ready-mixed concrete, gravel and sand, sells cement and other construction materials, operates civil engineering contract, construction work and cargo trucking businesses. The Electrical Materials segment sells electrical materials, industrial machinery and air conditioning systems. The Car Life-related segment is engaged in the sale of petroleum products, the sale, maintenance and rental of automobiles, the agency of non-life insurance. The Housing and Life-related segment is involved in the trade, brokerage and management of real estate, the treatment of general and industrial waste, the sale of fruits, vegetables and fertilizers, the manufacture and sale of processed foods, golf supplies, agricultural machinery, mineral water and confectionery, the operation of golf courses and cable network television station, the processing of cheese, and others.
TAKAMISAWA CO., LTD. 
