Tokan Co.,Ltd. announces an Equity Buyback for 400,000 shares, representing 6.67% for ¥800 million.
November 11, 2016 at 02:29 am
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Tokan Co.,Ltd. (NSE:7648) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 6.67% of the share capital, for ¥800 million. The purpose of the program is to implement a flexible capital policy in response to changes in the business environment. The shares will be repurchased till March 24, 2017. As of November 11, 2016, the company had 5,999,200 shares outstanding and 1,050,800 shares in treasury,
Central Forest Group, Inc is mainly engaged in the management of companies that conduct wholesale business for products such as food and liquor, and all the related business. The Company mainly engages in the wholesale business of food products and other products, and also processes and sells laver and shiitake mushrooms, as well as engages the food and liquor wholesale business, product procurement and proposals that meet the needs for wholesale of food and liquor, transportation and product distribution through its wholly-owned subsidiaries.
CENTRAL FOREST GROUP, INC. 
