Seven Seas Holdings Co.,Ltd. announces an Equity Buyback for 200,000 shares, representing 13.92% for ¥300 million.
June 22, 2017 at 02:35 pm IST
Seven Seas Holdings Co.,Ltd. (TSE:3750) announces a share repurchase program. Under the program, the company will repurchase 200,000 shares, representing 13.92% of its outstanding share capital, for a total consideration of ¥300 million. The program will expire on June 22, 2018. As of March 31, 2017, the company had 1,436,639 shares outstanding and 40,437 shares in treasury.