Kozo Keikaku Engineering Inc. announces an Equity Buyback for 20,000 shares, representing 0.42% for ¥40.74 million.
November 16, 2016
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Kozo Keikaku Engineering Inc. announces a share repurchase program. Under the program, the company will repurchase 20,000 shares, representing 0.42% of the outstanding shares, at ¥2,037 per share for ¥40.74 million. Shares will be repurchased from the Tokyo Stock Exchange Off-Auction Own Share Repurchase Trading (ToSTNeT-3). The purpose of the program is to enhance capital efficiency, enable the implementation of a flexible capital policy in response to changes in the business environment, and to improve shareholder returns. As of November 16, 2016, the company had 4,801,472 shares outstanding and 1,304,528 shares in treasury.
KOZO KEIKAKU ENGINEERING Inc. is engaged in the engineering consulting business and product service business. The Engineering Consulting segment provides various services including consulting in disaster prevention and earthquake-resistant, as well as environmental assessment and analysis, building structure design, as well as manufacturing and logistics simulation, among others. The Product Services segment sells construction structure analysis and earthquake-resistant examination software, network simulation software, radio wave propagation and electromagnetic wave analysis software, as well as computer-aided engineering (CAE) software, among others.