Kuwazawa Trading Co. Ltd. announces an Equity Buyback for 330,000 shares, representing 4.23% for ¥232.98 million.
June 14, 2017 at 04:31 am EDT
Kuwazawa Trading Co. Ltd. announces share repurchase program. Under the program, the company will repurchase up to 330,000 shares, representing 4.23% of its outstanding shares, at ¥624 per share for ¥232.98 million. The purpose of the program is to enable the implementation of a flexible capital policy in response to changes in the business environment. As of June 14, 2017, the company had 7,797,458 shares outstanding and 549,790 shares in treasury.