Asti Corporation announces an Equity Buyback for 70,000 shares, representing 2.19% for ¥150 million.
September 07, 2018 at 08:00 am
Asti Corporation (TSE:6899) announces a share repurchase program. Under the program, the company will repurchase up to 70,000 shares, representing 2.19% of its share capital, for ¥150 million. The company will repurchase its shares in order to implement a flexible capital policy which responds to changes in the business environment. The share repurchase program will run until October 31, 2018. As of March 31, 2018, the company had 3,192,585 shares outstanding (excluding treasury shares) and 224,421 shares in treasury.