Kichiri & Co., Ltd. announces an Equity Buyback for 135,000 shares, representing 1.32% for ¥100 million.
August 10, 2021 at 02:00 am EDT
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Kichiri & Co., Ltd. (TSE:3082) announces a share repurchase program. Under the program, the company will repurchase up to 135,000 shares, representing 1.32% of its issued share capital for ¥100 million. The purpose of the program is to carry out agile capital policies in response to changes in the business environment. The program is valid till June 25, 2022. As of August 10, 2021, the company had 10,550,400 shares issued of which 325,698 shares were in treasury.
KICHIRI HOLDINGS & Co.,Ltd., formerly KICHIRI & Co., Ltd., is a company mainly engaged in the operation of restaurants. The Company operates in three business. The restaurant business operates restaurants that provide modern Japanese style food under the names Casual Dining, Modern Tradition, Ishigamaya Hamburg Steak and Omelet, among others. The platform sharing business provides restaurant consulting services to corporate clients. The mail order business sells drinking water.