Asahi Printing Co.,Ltd. announces an Equity Buyback for 140,000 shares, representing 0.64% for ?140 million.
November 08, 2021 at 01:30 am EST
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Asahi Printing Co.,Ltd. (TSE:3951) announces a share repurchase program. Under the program, the company will repurchase up to 140,000 shares, representing 0.64% of its issued share capital (excluding treasury stock), for ?140 million. The purpose of the program is to enable the execution of agile capital policies in response to changes in the business environment. The program will run until November 16, 2021. As of October 31, 2021, the company had 21,958,257 shares in issue (excluding treasury stock) and 1,326,672 shares in treasury.
Asahi Printing Co Ltd is a Japan-based company primarily engaged in the manufacturing and sale of printed packaging materials. The Company operates its business through two segments. The Printed Packaging Material segment is engaged in the manufacturing and sale of printed packaging materials, such as package, package insert and label. The Packaging System Sales segment designs, purchases and sells packaging machinery and packaging lines. The other business is engaged in the staffing service.
ASAHI PRINTING CO.,LTD. 
