OSJB Holdings Corporation announces an Equity Buyback for 1,600,000 shares, representing 1.34% for ¥300 million.
November 13, 2019 at 12:30 pm IST
OSJB Holdings Corporation (TSE:5912) announces a share repurchase program. Under the program, the company will repurchase 1,600,000 shares, representing 1.34% of the outstanding shares for ¥300 million. The purpose of the program is to enhance capital efficiency and to implement a flexible capital policy in response to changes in the business environment. The program will run until March 31, 2020. As of September 30, 2019, the company had 119,540,738 shares outstanding and 2,972,653 shares in treasury.