Yamada Holdings Co., Ltd. announces an Equity Buyback for 200,000,000 shares, representing 23.92% for ¥100,000 million.
May 06, 2022 at 02:00 am EDT
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Yamada Holdings Co., Ltd. (TSE:9831) announces a share repurchase program. Under the program, the company will repurchase up to 200,000,000 shares, representing 23.92% of its share capital, for ¥100,000 million. The company will repurchase its shares in order to enhance the return of profits to shareholders by flexibly implementing capital policies in response to changes in the business environment and improving capital efficiency.
The purchase will take place on May 8, 2023. As of March 31, 2022, the company had 836,028,153 shares in outstanding (excluding treasury stock) and 130,619,777 shares in treasury.
Yamada Holdings Co Ltd is mainly engaged in the business of selling home appliances and information appliances. The Company operates through two business segments. The Denki segment is engaged in the sale of home appliances such as televisions, refrigerators, and washing machines, as well as information appliances such as PCs and cell phones, and home renovation, furniture, interior design, and other products related to the home. The Housing Construction segment is engaged in the sale of detached houses and other housing units, and manufacture and sale of bathrooms, kitchens, and other housing equipment. It also operates environmental businesses, financial businesses, and businesses related to building materials.
YAMADA HOLDINGS CO., LTD. 
