Techno Medica Co., Ltd. announces an Equity Buyback for 100,000 shares, representing 1.14% for ?180 million.
November 04, 2021 at 11:30 am IST
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Techno Medica Co., Ltd. (TSE:6678) announces an share repurchase program. Under the program the company will repurchase 100,000 shares, representing 1.14% of the outstanding shares for ?180 million. The purpose of the program is to enable the implementation of a flexible capital policy. The program will run until February 28, 2022. As of September 30, 2021, the company had 8,760,000 shares outstanding and 237,751 shares in treasury.
Techno Medica Co., Ltd. is a Japan-based company mainly engaged in development, manufacture, sale and export of analysis device for clinical examination equipment and other medical equipment, as well as devices repair services. The blood collection tube preparation apparatus business provides blood collection peripheral equipment, such as blood and urine collection automation reception equipment, among others, as well as blood tube preparation systems. The laboratory test apparatus business provides blood gas analysis apparatus, electrolyte analyzers, erythrocyte sedimetation rate measuring machines, among others. The consumable goods business provides blood collecting tubes, labels, sensor cards, calibration packs, among others, as well as maintenance services.
TECHNO MEDICA CO., LTD. 
