Agro-Kanesho Co., Ltd. announces an Equity Buyback for 300,000 shares, representing 2.36% for ¥450 million.
August 11, 2020 at 11:40 am IST
Agro-Kanesho Co., Ltd. (TSE:4955) announces an share repurchase program. Under the program the company will repurchase 300,000 shares, representing 2.36% of the outstanding shares for ¥450 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 August 31, 2020. As of June 30, 2020, the company had 12,697,598 shares outstanding and 707,264 shares in treasury.