Chuo Bussan Corporation (JASDAQ:9852) announces a share repurchase program. Under the program, the company will repurchase up to 350,000 shares, representing 3.19% of its total shares outstanding excluding treasury shares, at a price of ¥448 per share, for a total of ¥156.8 million. The shares will be repurchased in order to implement a flexible capital policy in response to changes in the business environment in the future, and to aim for the improvement of the shareholder value.
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- News CB GROUP MANAGEMENT Co., Ltd.
- Chuo Bussan Corporation announces an Equity Buyback for 350,000 shares, representing 3.19% for ¥156.8 million.