Yamada Holdings Co., Ltd. announces an Equity Buyback for 436 shares, representing 0.000053% for ¥0.21 million.
September 13, 2021 at 03:45 am EDT
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Yamada Holdings Co., Ltd. (TSE:9831) announces a share repurchase program. Under the program, the company will repurchase up to 436 shares, representing 0.000053% of its share capital, at ¥492 per share for ¥0.21 million. The company will repurchase its shares in order to process the fractional shares resulting from its share exchange with Otsuka Kagu Co., Ltd. The purchase will take place on September 13, 2021. As of June 30, 2021, the company had 966,560,272 shares outstanding of which 146,844,965 shares are in treasury.
Yamada Holdings Co Ltd is mainly engaged in the business of selling home appliances and information appliances. The Company operates through two business segments. The Denki segment is engaged in the sale of home appliances such as televisions, refrigerators, and washing machines, as well as information appliances such as PCs and cell phones, and home renovation, furniture, interior design, and other products related to the home. The Housing Construction segment is engaged in the sale of detached houses and other housing units, and manufacture and sale of bathrooms, kitchens, and other housing equipment. It also operates environmental businesses, financial businesses, and businesses related to building materials.