Naigai Trans Line Limited announces an Equity Buyback for 1,200,100 shares, representing 11.22% for ¥1,224.1 million.

Naigai Trans Line Limited (TSE:9384) announces a share repurchase program. Under the program, the company will repurchase up to 1,200,100 shares, representing 11.22% of its outstanding shares for ¥1,224.10 million. The program will end on December 30, 2015.

As of October 30, 2015, the company had 10,697,070 outstanding shares excluding treasury shares and 930 shares in treasury.