Takamisawa Co., Ltd. announces an Equity Buyback for 6,000 shares, representing 0.36% for ¥23.13 million.
April 01, 2024 at 03:00 am EDT
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Takamisawa Co., Ltd. (TSE:5283) announces a share repurchase program. Under the program, the company will repurchase up to 6,000 shares, representing 0.36% of its issued share capital (excluding treasury stock), for a total purchase price of ¥23.13 million. The shares will be repurchased at a price of ¥3,855 per share.
The purpose of the program is to enhance shareholder returns and improve capital efficiency. As of March 31, 2024, the company has 1,675,337 issued shares (excluding treasury stock) and 83,063 treasury shares.
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. 
