Ohba Co., Ltd. announces an Equity Buyback for 300,000 shares, representing 1.69% for ¥150 million.
January 11, 2018 at 07:00 am
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Ohba Co., Ltd. (TSE:9765) announces a share repurchase program. Under the program, the company will repurchase up to 300,000 shares, representing 1.69% of its share capital, for ¥150 million. The company will repurchase its shares in order to enable the implementation of a flexible capital policy in the future, as well as implement shareholder returns and improve capital efficiency. The share repurchase program will run until May 23, 2018. As of December 31, 2017, the company had 17,799,774 shares outstanding (excluding treasury shares) and 802,967 shares in treasury.
OHBA CO., LTD. is a Japan-based company engaged in the comprehensive construction consulting business. The geospatial information business is engaged in the surveying of geography date, and the provision of road management systems and disaster prevention simulations. The environmental business is engaged in the planning of facilities for water quality conservation and waste disposal, and the provision of urban environment master plans. The town development business is engaged in the provision of proposals and consulting for urban planning, regional planning and land readjustment, and the provision of technical support for land use. The design business is engaged in the design of roads, bridges, water systems, and the seismic retrofit design for bridges and tunnels. The business solution business is engaged in the land readjustment and development business, the consulting of inheritance tax and real estate utilization, and the provision of proposals for solving social issues.
OHBA CO., LTD. 
