NEC Capital Solutions Limited announces an Equity Buyback for 27,600 shares, representing 0.13% for ¥59.59 million.
June 29, 2021 at 01:00 pm IST
NEC Capital Solutions Limited (TSE:8793) announces a share repurchase program. Under the program, the company will repurchase 27,600 shares, representing 0.13% of its share capital (excluding treasury stock), at ¥2,159 per share, for ¥59.59 million. The company will repurchase its shares in order to allocate to restricted shares to be delivered to directors. The program will run until June 30, 2021. As of March 31, 2021, the company had 21,532,859 shares outstanding (excluding treasury shares) and 541 shares in treasury.