BEENOS Inc. announces an Equity Buyback for 210,000 shares, representing 1.72% for ¥400 million.
November 22, 2018 at 06:00 am
BEENOS Inc. (TSE:3328) announces a share repurchase program. Under the program, the company will repurchase 210,000 shares, representing 1.72% of the outstanding shares for ¥400 million. The purpose of the program is to implement a flexible capital policy in response to changes in the business environment. The program will run until February 25, 2019. As of September 30, 2018, the company had 12,202,922 shares outstanding and 129,678 shares in treasury.