ZAOH Company, Ltd. announces an Equity Buyback for 600,000 shares, representing 9.58% for ¥843 million.
September 03, 2020 at 03:00 am EDT
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ZAOH Company, Ltd. (TSE:9986) announces a share repurchase program. Under the program, the company will repurchase 600,000 shares, representing 9.58% of its share capital, at ¥1,405 per share for ¥843 million. As of March 31, 2020, the company had 6,264,673 shares outstanding (excluding treasury shares) and 1,327 shares in treasury.
ZAOH COMPANY, LTD. is a company mainly engaged in the import and sale of industrial and office cleaning and washing equipment. The Company is primarily engaged in the import and sale of cleaning equipment, including power driven cleaning machines, vacuum cleaners, carpet cleaners, as well as dust and ice removal cleaners; washing equipment, including automated floor scrubbers, carpet maintenance equipment, high pressure cleaners and steam cleaners. Through its subsidiary, the Company is also engaged in the sale of water purification agent for pools and bathhouses of sports facility and hotels, as well as electromagnetic servers and room supplies for business hotels.
ZAOH COMPANY, LTD. 
