Joban Kosan Co., Ltd. announces an Equity Buyback for 538 shares.
October 31, 2016
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Joban Kosan Co., Ltd. (TSE:9675) announces a share repurchase program. Under the program, the company will repurchase 538 shares. The purchase price will be the closing share price of company common shares in the Tokyo Stock Exchange on the purchase date. Fractional shares will be purchased following the share merger carried out on October 1, 2016.
Joban Kosan Co.,Ltd. is a Japan-based company mainly engaged in the tourism business, fuel trading business, manufacture business, transportation business and other related services. The Company operates through four business segments. The Tourism segment is involved in the management and operation of leisure and resort facilities such as Spa Resort Hawaiians and Spa Resort Hawaiians Golf Course, as well as the other related business. The Fuel Trading segment is involved in the sale of electric power using coal, oil and clean energy and other products. The Manufacturing-Related segment is involved in the manufacture and sale of machinery and castings such as hydraulic motor body and front hub. The Transportation segment is involved in the transportation business such as port transportation business and the other related businesses.