Happiness and D Co., Ltd. announces an Equity Buyback for 30,000 shares, representing 1.18% for ¥21.39 million.
April 14, 2020 at 12:30 pm IST
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Happiness and D Co., Ltd. (JASDAQ:3174) announces a share repurchase program. Under the program, the company will repurchase 30,000 shares, representing 1.18% of its share capital, at ¥713 per share for ¥21.39 million. The company will repurchase its shares in order to allocate these in the exercise of issued stock option rights. As of April 14, 2020, the company had 2,544,800 shares outstanding (excluding treasury shares) and 37,999 shares in treasury.
Happiness and D Co., Ltd. is engaged in operation of select shops under the name Happiness and GINZA Happiness in the tenants of national shopping centers. It engages in sales of imported brand products, including jewelry, such as imported brand jewelry and diamond jewelry consisting of rings, necklaces, earrings and bracelets; watches, such as imported brand watches and home-made brand watches; handbags and accessories, such as brand bags, wallets, key cases, ties and perfume, as well as sunglasses and glasses. It is also engaged in e-commerce (EC) business. It operates official mail-order site, and also opens stores in Yahoo and other shopping sites.
HAPPINESS AND D CO.,LTD. 
