Feedone Co., Ltd. announces an Equity Buyback for 1,200,000 shares, for ¥900 million.
August 10, 2021 at 01:00 pm IST
Share
Feedone Co., Ltd. (TSE:2060) announces a share repurchase program. Under the program, the company will repurchase up to 1,200,000 shares, representing 3.04% of its issued share capital (excluding treasury stock), for a total purchase price of ¥900 million. The shares will be repurchased as part of shareholder returns and capital policy. The program will be valid till November 30, 2021. As of March 31, 2021, the company had 39,458,627 issued shares (excluding treasury stock) and 18,501 treasury shares.
FEED ONE CO., LTD., formerly FEED ONE HOLDINGS CO., LTD., is engaged in the feed business and livestock and marine products business. The Company mainly operates in three segments. The Feed segment is engaged in the manufacture and sale of feeds for livestock, aquatic feeds and other feeds. The Livestock and Marine Products segment is engaged in the production and sale of pigs, chicken eggs and chickens, the purchasing, processing and sale of livestock products, and the purchase and sale of marine products, among others. The Others segment is engaged in the farming of saltwater fish based on compound feeds, the production and sale of seeds and seedlings, and real estate leasing business, among others.
FEED ONE CO.,LTD. 
