LuckLand Co., Ltd. announces an Equity Buyback for 130,000 shares, representing 1.58% for ¥279.63 million.
May 07, 2019 at 03:20 am EDT
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LuckLand Co., Ltd. (TSE:9612) announces a share repurchase program. Under the program, the company will repurchase 130,000 shares, representing 1.58% of the outstanding shares, at ¥2,151 per share for ¥279.63 million. The purpose of the program is to enhance capital efficiency and to enable the implementation of a flexible capital policy in response to changes in the business environment. As of April 30, 2019, the company had 8,203,673 shares outstanding and 5,727 shares in treasury.
LUCKLAND CO., LTD. is a Japan-based company mainly engaged in the production of store facilities. The Company is involved in the provision of research, planning and development, design, construction, supervision and maintenance services to create the ideal environment for a variety of facilities, including commercial facilities, retail and dining establishments. The Company is engaged in the planning and development, design, interior supervision, as well as the architectural planning, design, design supervision and consulting of commercial facilities and shops. The Company is involved in the electrical installation, instrumentation work, and sale of used equipment such as compartments and others. The Company is also involved in the plan, proposal, production and sale of custom furniture.
LUCKLAND CO., LTD. 
