Ishii Iron Works Co., Ltd. announces an Equity Buyback for 185 shares, for ¥0.28 million.
November 14, 2016 at 02:00 am EST
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Ishii Iron Works Co., Ltd. (TSE:6362) announces a share repurchase program. Under the program, the company will repurchase up to 185 shares, using the closing price of its common shares on November 14, 2016, for ¥0.28 million in total. The company is repurchasing its shares following a reverse share-split (consolidation of 10 shares to 1 share), based on the resolution of the 150th ordinary General Meeting of shareholders last June 28, 2016.
Ishii Iron Works Co.,Ltd. is a Japan-based company mainly engaged in the steel structure business and the real estate businesses. The Company operates in two business segments. The Steel Structure segment is engaged in the design, manufacture, installation and testing of oil tanks and other storage tanks, chemical industrial equipment, as well as steel frames, pools and other steel structures. The Real Estate segment is engaged in the real estate leasing business.
ISHII IRON WORKS CO., LTD. 