Yamanaka Co.,Ltd. announces an Equity Buyback for 220,000 shares, representing 1.15% for ¥153.78 million.
December 11, 2023 at 01:00 pm IST
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Yamanaka Co.,Ltd. (NSE:8190) announces a share repurchase program. Under the program, the company will repurchase up to 220,000 shares, representing 1.15% of total outstanding shares at a price of ¥699 per share for a total of ¥153.78 million. The purpose of the program is to implement flexible capital policies in response to changes in the business environment and improve capital efficiency.
The program is valid till December 12, 2023. As of December 11, 2023, the company has 19,190,119 shares outstanding (excluding treasury stock) and 1,235,099 shares were held under treasury.
YAMANAKA CO.,LTD. is a Japan-based company principally engaged in the retail business and retail peripheral business. The retail business develops a supermarket chain. The retail peripheral business sells fresh flowers, and provides fresh flowers, horticultural materials, daily products, and cooked rice. The Company is also engaged in the restaurant business, the food production & processing & sales business, the product shipping agency business, the real estate rental business, as well as the maintenance of store facilities.