Fujicco Co., Ltd. announces an Equity Buyback for 1,500,000 shares, representing 4.99% for ?3,000 million.
November 15, 2021 at 02:00 am EST
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Fujicco Co., Ltd. (TSE:2908)?announces a share repurchase program. Under the program, the company will repurchase up to 1,500,000 shares, representing 4.99% of its issued share capital (excluding treasury shares) for ?3,000 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency. The repurchased shares will be cancelled. The program is valid till November 15, 2022. As of September 30, 2021, the company had 30,050,759 shares issued (excluding treasury stock) and 4,940,762 shares in treasury.
FUJICCO CO., LTD. is a Japan-based company principally engaged in the manufacture and sale of food. Its Delicatessen Food Products segment is involved in the manufacture and sale of prepared side dishes and prepared food for daily delivery. Its Kelp Products segment is primarily involved in the production and sale of cooked seaweed, grated seaweed, salted seaweed and dried seaweed. Its Soybean Products segment is involved in the manufacture and sale of cooked beans, boiled soybeans fermented soybeans and soybean snacks. Its Yogurt Products segment is involved in the manufacture and sale of Caspian Sea Yogurt. Its Dessert Products segment is involved in the manufacture and sale of nata de coco dessert, pudding dessert and others. The Other Products segment offers functional materials, wine and others.
FUJICCO CO., LTD. 
