Gamecard-Joyco Holdings,Inc. announces an Equity Buyback for 350,000 shares, representing 2.45% for ¥500 million.
August 08, 2019 at 01:00 pm IST
Gamecard-Joyco Holdings,Inc. (JASDAQ:6249) announces a share repurchase program. Under the program, the company will repurchase 350,000 shares, representing 2.45% of the outstanding shares, at ¥1,310 per share for ¥500 million. The purpose of the program is to improve shareholder returns and enhance capital efficiency. As of June 30, 2019, the company had 14,262,879 shares outstanding and 121 shares in treasury.