Ohki Healthcare Holdings Co., Ltd. announces an Equity Buyback for 200,000 shares, representing 1.43% for ¥300 million.
June 06, 2019 at 02:00 am EDT
Share
Ohki Healthcare Holdings Co., Ltd. (JASDAQ:3417) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 1.43% of its share capital, for ¥300 million. The company will repurchase its shares in order to implement a flexible capital policy in response to changes in the business environment. The share repurchase program will run until November 30, 2019. As of May 31, 2019, the company had 14,033,423 shares outstanding (excluding treasury shares) and 38,677 shares in treasury.
OHKI HEALTHCARE HOLDINGS CO., LTD. is a Japan-based company mainly engaged in the management of its subsidiaries and the related businesses. The Company operates the production and sales of pharmaceutical products segment. The Company provides various products, such as pharmaceutical products, health food, health care products, nursing care products, oral products, baby products, daily necessities and clothing, confectionery, food, cosmetics and others.