Kensoh Co.,Ltd. announces an Equity Buyback for 25,000 shares, representing 0.63% for ¥8 million.
May 23, 2016
Share
Kensoh Co.,Ltd. (JASDAQ:7939) announces a share repurchase program. Under the program, the company will repurchase 25,000 shares, representing 0.63% of the total outstanding shares, at ¥320 per share, for ¥8 million. Shares will be repurchased through the Off-Floor Treasury Share Trading (ToSTNeT-3). The purpose of the program is to enable the implementation of a flexible capital policy in response to changes in the business environment. As of May 23, 2016, the company had 3,964,579 shares outstanding and 58,195 shares in treasury.
KENSOH CO.,LTD. is a Japan-based company primarily engaged in the manufacture and sale of sign products. The Company is engaged in the provision of letter sign products, light-emitting diode (LED) units, phosphorescent sign products, exterior sign products, interior sign products, digital sign products, barrier-free related sign products, sign system order sign products and others. The Company is also engaged in the holding, management and operation of securities.