Tranche Update on YONEX Co., Ltd.'s Equity Buyback Plan announced on November 15, 2021.
November 16, 2021 at 01:30 am
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From November 15, 2021 to November 16, 2021, the company has repurchased 350,000 shares, representing 0.4% for ?318.5 million. With this, the company has completed the repurchase of 350,000 shares, representing 0.4% for ?318.5 million under the buyback announced on November 15, 2021.
YONEX CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of sporting goods, and the operation of sports facilities. The Company operates through two business segments. The Sporting Goods segment is mainly engaged in the manufacture, purchase and sale of sporting goods, including badminton rackets, soft tennis rackets, tennis rackets, golf clubs, snowboards, shuttlecocks and strings. The Company distributes it's products within the domestic market and to overseas markets, including Americas, Europe, and Asia. The Sports Facilities segment is mainly engaged in the management and operation of golf courses, tennis driving ranges and golf driving ranges.