LOCKON Co., LTD. announces an Equity Buyback for 110,000 shares, representing 1.73% for ¥100 million.
February 06, 2019 at 01:00 am EST
LOCKON Co., LTD. (TSE:3690) announces a share repurchase program. Under the program, the company will repurchase 110,000 shares, representing 1.73% of the outstanding shares for ¥100 million. The purpose of the program is to enable the implementation of a flexible capital policy in response to changes in the business environment. The program will run until April 26, 2019. As of February 6, 2019, the company had 6,351,532 shares outstanding and 4,694 shares in treasury.