Aoki Super Co., LTD. announces an Equity Buyback for 100,000 shares, representing 1.72% for ¥300 million.
April 14, 2021 at 02:00 am EDT
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Aoki Super Co., LTD. (JASDAQ:9977) announces a share repurchase program. Under the program, the company will repurchase 100,000 shares, representing 1.72% of its share capital, for ¥300 million. The company will repurchase its shares in order to enable the implementation of a flexible capital policy in response to changes in the business environment. The program will run until August 5, 2021. As of March 31, 2021, the company had 5,810,812 shares outstanding (excluding treasury shares) and 439,188 shares in treasury.
Aoki Super Co., LTD. is a Japan-based company mainly engaged in the sale of daily necessities, mainly food products. The Companyâs main business is the supermarket Aoki Super, which sells fresh foods, general foods, and daily necessities as a food supermarket, and operates a shopping center at Hanaichiba As Garden, which sells gardening-related products such as fresh flowers and operates shopping center at Shopping Center as Park.