JCU Corporation announces an Equity Buyback for 470,000 shares, representing 1.79% for ¥1,500 million.
August 04, 2021 at 02:00 am EDT
JCU Corporation (TSE:4975) announces a share repurchase program. Under the program, the company will repurchase 470,000 shares, representing 1.79% of its share capital, for ¥1,500 million. The company will repurchase its shares in order to carry out agile capital policy. The repurchased treasury shares will be cancelled. The program will run until March 31, 2022. As of August 4, 2021, the company had 27,865,318 shares in issue and 1,608,440 shares in treasury.