Being Co., Ltd. announces an Equity Buyback for 150,000 shares, representing 1.91% for ¥75 million.
November 09, 2017 at 07:00 am
Being Co., Ltd. (JASDAQ:4734) [Company Name] announces a share repurchase program. Under the program, the company will repurchase 150,000 shares, representing 1.91% of the outstanding shares for ¥75 million. The purpose of the program is to enable the implementation of a flexible capital policy in response to changes in the business environment. The program will run until February 28, 2018. As of October 31, 2017, the company had 7,864,041 shares outstanding and 393,559 shares in treasury.