Liberta Co.,Ltd. announces an Equity Buyback for 15,000 shares, representing 0.5% for ¥11 million.
February 13, 2024 at 02:00 am EST
Share
Liberta Co.,Ltd. (TSE:4935) announces a share repurchase program. Under the program, the company will repurchase up to 15,000 shares, representing 0.5% of its issued share capital, for ¥11 million. The purpose of the program is to return profits to shareholders, improve capital efficiency, expand corporate value, and implement a flexible capital policy. The plan will be valid till May 31, 2024. As of December 31, 2023, the company had 2,975,529 issued shares (excluding treasury stock) and 11,471 shares in treasury.
On May 15, 2024, the company announced that it has approved a 2-for-1 stock split. Therefore, the number of shares to be repurchased has increased to 30,000 shares.
Liberta Co Ltd is a Japan-based company mainly engaged in the planning and sale of beauty products, toiletry products, functional clothing products and others, as well as the import watch agency business. The main products include cosmetic products such as peeling foot care products, deodorant creams, shavings and other cosmetics and quasi-drugs, toiletry products such as washing tub cleaners and household cleaners, functional clothing products, import watches, health and beauty miscellaneous goods, processed food products, as well as educational toys and other products. The brands include Baby Foot, QuickBeauty, DENTISTEâ, KABIDASH, kabitornado, FREEZE TECH, HeatMaster, Luminox, Libenham, ThinOptics, ATHMEAL and others. The Company is engaged in the sale of products through department stores, mass retailers, drug stores, mail-order stores and others.
LIBERTA CO.,LTD. 
