HIMARAYA Co.,Ltd. announces an Equity Buyback for 100,000 shares, representing 0.81% for ?101 million.
November 08, 2021 at 02:00 am EST
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HIMARAYA Co.,Ltd. (TSE:7514) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 0.81% of its issued share capital (excluding treasury stock), for ?101 million. The purpose of the program is to carry out agile capital policies in response to changes in the corporate environment. The program will run until November 9, 2021. As of November 8, 2021, the company had 12,320,444 shares in issue (excluding treasury stock) and 343 shares in treasury.
Himaraya Co Ltd is a Japan-based company mainly involved in the sale of sports goods. The Company contracts part of the fulfillment operations in the Internet sales business. The Brands include Nike, Adidas, Under Armor, ASICS and others. The Company sells products in the fields of sportswear, running, walking, wellness, accessory, tennis, baseball, soccer, basketball, volleyball, golf, outdoor, active, ski, snow board and winter wear.