Ginza Yamagataya Co., Ltd. announces an Equity Buyback for 32 shares, for ¥0.05 million.
October 20, 2016 at 03:00 am EDT
Ginza Yamagataya Co., Ltd. (JASDAQ:8215) announces a share repurchase program. Under the program, the company will repurchase up to 32 shares, using the closing price of its shares in Tokyo Stock Exchange on October 20, 2016 of ¥1,680, for a total of ¥0.05 million. The company is repurchasing its shares following a reverse share-split, based on the resolution of the 72nd ordinary General Meeting of shareholders last June 29, 2016.