JAPAN MATERIAL Co., Ltd. announces an Equity Buyback for 150,000 shares, representing 0.15% for ¥233.55 million.
May 11, 2018 at 01:10 pm IST
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JAPAN MATERIAL Co., Ltd. (TSE:6055) announces a share repurchase program. Under the program, the company will repurchase up to 150,000 shares, representing 0.15% of its share capital, at ¥1,557 per share for ¥233.55 million. The company will repurchase its shares in order to enable the implementation of a flexible capital policy which responds to changes in the business environment. As of May 11, 2018, the company had 102,770,982 shares outstanding (excluding treasury shares) and 2,378,538 shares in treasury.
Japan Material Co Ltd is a Japan-based company mainly engaged in the electronics-related business, graphics solution business and solar power generation business. The Company operates in three business segments. The Electronics-related segment is mainly engaged in the manufacture of special gas supply equipment, design and construction of supply piping, sale management of special gas, as well as the provision of technical services. The Graphics Solution segment is mainly engaged in the sale of graphic boards and digital signage related products. The Solar Power Generation segment is engaged in the sale of electricity to electric power companies by solar power generation.
JAPAN MATERIAL CO., LTD. 
