Gamecard-Joyco Holdings,Inc. announces an Equity Buyback for 750,000 shares, representing 5.39% for ¥900 million.
September 24, 2020 at 03:30 am EDT
Gamecard-Joyco Holdings,Inc. (JASDAQ:6249) announces a share repurchase program. Under the program, the company will repurchase 750,000 shares, representing 5.39% of its share capital, at ¥1,164 per share for ¥900 million. The company will repurchase its shares in order to enhance shareholder returns and improve capital efficiency. As of June 30, 2020, the company had 13,912,849 shares outstanding (excluding treasury shares) and 350,151 shares in treasury.