NPC Incorporated announces an Equity Buyback for 450,000 shares, representing 2.05% for ¥350 million.
October 12, 2021 at 07:05 am
NPC Incorporated (TSE:6255) announces a share repurchase program. Under the program, the company will repurchase up to 450,000 shares, representing 2.05% of its issued share capital for ¥350 million. The purpose of the program is to improve shareholder returns through improved capital efficiency. The program is valid till December 29, 2021. As of August 31, 2021, the company had 21,917,078 shares issued (excluding treasury stock) and 135,348 shares in treasury.