Techno Medica Co., Ltd. announces an Equity Buyback for 95,400 shares, representing 1.11% for ¥199.86 million.
May 13, 2019 at 01:00 pm IST
Share
Techno Medica Co., Ltd. (TSE:6678) announces a share repurchase program. Under the program, the company will repurchase up to 95,400 shares, representing 1.11% of its share capital, at ¥2,095 per share for ¥199.86 million. The company will repurchase its shares in order to implement a flexible capital policy in response to changes in the business environment. As of April 30, 2019, the company had 8,571,918 shares outstanding (excluding treasury shares) and 188,082 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. 
