YAKUODO HOLDINGS Co., Ltd. announces an Equity Buyback for 150,000 shares, representing 0.76% for ¥300 million.
June 14, 2022 at 02:30 am EDT
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YAKUODO HOLDINGS Co., Ltd. (TSE:7679) announces a share repurchase program. Under the program, the company will repurchase 150,000 shares, representing 0.76% of the outstanding shares for ¥300 million. The purpose of the program is to carry out agile capital policies in response to changes in the business environment.
The program will run until August 24, 2022. As of February 28, 2022, the company had 19,740,196 shares outstanding (excluding treasury stock ) and 23 shares in treasury.
YAKUODO HOLDINGS Co., Ltd. is a Japan-based holding company mainly engaged in the retail of pharmaceuticals, cosmetics, food products, miscellaneous goods and other life related products. The Company operates through healthcare business, beauty care business, home care business and convenience care business. The healthcare business is mainly engaged in the sale of pharmaceuticals, hygiene products, medical supplies, health foods, nursing care products and preparations. The beauty care business is mainly engaged in the sale of cosmetics, as well as hair care, oral care and body care products. The home care business is mainly engaged in the sale of detergents, kitchen utensils, clothes, footwear and fashion accessories. The convenience care business is mainly engaged in the sale of stationery, toys, pet supplies, electric appliances, confectionery, beverages, food, books, liquors and tobacco.