B&P Co.,Ltd. announces an Equity Buyback for 15,000 shares, for ¥24 million.
September 14, 2023 at 02:00 am EDT
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B&P Co.,Ltd. (TSE:7804) announces a share repurchase program. Under the program, the company will repurchase up to 15,000 shares, representing 0.65% for ¥24 million. The purpose of the program is to allocate it to the transfer-restricted shares to be delivered to the directors and executive officers of the company under the system.
The program will expire on January 31, 2024. As of August 31, 2023, the company had 2,299,712 shares in issue (excluding treasury shares) and had 288 shares in treasury.
B&P Co.,Ltd. is mainly engaged in the provision of advertisements for sales promotion using commercial inkjet printers, and living materials and products such as interiors. The Company also uses the large-format inkjet printers for business, and conducts inkjet output business that consistently performs printing, processing and delivery. The Company mainly operates its businesses through the production business of advertising materials for sales promotion, and the production business of living materials and products. The production business of advertising materials for sales promotion is ordered from advertising agencies, advertising production companies, printing companies, design companies and others. The production business of living materials and products provides exterior curtains of print seal machines handled by game machine manufacturers, and interior wallpapers and floor materials handled by interior makers and interior trading companies.