Zoa Corp.'s Equity Buyback in the amount of ¥6 mm has expired
March 29, 2013 at 12:00 am EDT
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The Board of Directors of Zoa Corp. (JASDAQ:3375) authorized a share repurchase program on October 10, 2012. Under the program, the company will repurchase up to 100 shares, representing 0.48% of its issued share capital (excluding treasury shares), for a total cost of ¥6 million. The repurchases will be done based on Article 156, in lieu of Article 165, section 3 of the Company Act. The purpose of the repurchase program is to enable the implementation of a flexible capital policy corresponding to changes in the business environment. The plan will commence on October 15, 2012 and end on March 29, 2013. As of October 10, 2012, the company has 20,904 shares outstanding (treasury shares excluded) and 2,061 shares held in treasury. Till February 28, 2013, the company has repurchased 61 shares, representing 0.29% of its shares, for ¥3.33 million.
Zoa Corp.'s share repurchase prohgram expired on March 29, 2013.
ZOA CORPORATION is a Japan-based company engaged in the over-the-counter retail of information equipment. The Company is principally involved in the retail of personal computer (PC)-related products, such as PCs, printers and digital cameras; peripheral equipment, such as monitors, hard discs, external recording equipment, internal recording equipment and digital appliances; software supplies, such as business software and gaming software, as well as disc operating system/V (DOS/V) parts, such as central processing units (CPUs), memories, drives and mother boards. The Company also provides motorcycle products, such as helmets, gloves and wears; SIM free related to smart phones, tablets, SIM cards, as well as services and support, such as repair, Internet service provider (ISP) agency and long run guarantee.
ZOA CORPORATION 
