AOHATA Corporation announces an Equity Buyback for 50,000 shares, representing 0.6% for ¥117.75 million.
January 12, 2021 at 02:30 am EST
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AOHATA Corporation (TSE:2830) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares for ¥117.75 million. The shares will be repurchased at a price of ¥2355 per share. The purpose of the buyback is to improve capital efficiency and implement flexible capital policies in the future in response to changes in the business environment. The program will expire on January 13, 2021. As of November 30, 2020, the company had 8,292,000 shares outstanding and 14,018 shares in treasury.
AOHATA Corporation is a Japan-based company mainly engaged in the manufacture and sale of food products, and the design and sale of food manufacturing equipment. Products include jams, cooked foods, fruit preparations, fruits, fruit processed products, agricultural and livestock products and processed products, candy can and desserts, cut vegetables, and processed oysters. The Company is also engaged in the introduction, installation and maintenance of food production facilities, cultivation and sale of strawberry seedlings, and processing and sale of agricultural products.
AOHATA CORPORATION 
