Zoa Corp.'s Equity Buyback in the amount of ¥6 mm has expired
September 28, 2012 at 05:00 am
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The Board of Directors of Zoa Corp. (JASDAQ:3375) authorized a share repurchase program on April 20, 2012. Under the program, the company will repurchase up to 100 shares, representing 0.48% of its issued share capital, for a total cost of up to ¥6 million. The purpose of the repurchase program is to enable the implementation of a flexible capital policy corresponding to changes in the business environment. The plan will commence on April 23, 2012 and will continue until September 28, 2012. As of April 20, 2012, the company has 20,908 shares outstanding and 2,057 shares held in treasury.
Zoa Corp.'s share repurchase program expired on September 28, 2012. Under the program, the company has repurchased 4 shares, representing 0.02% for ¥0.22 million.
ZOA CORPORATION is a Japan-based company engaged in the over-the-counter retail of information equipment. The Company is principally involved in the retail of personal computer (PC)-related products, such as PCs, printers and digital cameras; peripheral equipment, such as monitors, hard discs, external recording equipment, internal recording equipment and digital appliances; software supplies, such as business software and gaming software, as well as disc operating system/V (DOS/V) parts, such as central processing units (CPUs), memories, drives and mother boards. The Company also provides motorcycle products, such as helmets, gloves and wears; SIM free related to smart phones, tablets, SIM cards, as well as services and support, such as repair, Internet service provider (ISP) agency and long run guarantee.