K's Holdings Corporation announces an Equity Buyback for 10,000,000 shares, representing 4.7% for ¥10,000 million.
December 15, 2020 at 01:00 am EST
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K's Holdings Corporation (TSE:8282) announces a share repurchase program. Under the program, the company will repurchase up to 10,000,000 shares, representing 4.7% of its share capital, for ¥10,000 million. The company will repurchase its shares to increase shareholder value, to improve capital efficiency, and to implement agile capital policies in response to changes in the business environment. The program will run until March 31, 2021. As of November 30, 2020, the company had 212,684,640 shares outstanding (excluding treasury shares) and 22,778,481 shares in treasury.
K'S Holdings Corp is a Japan-based company principally engaged in the operation of electronics retail stores, providing home appliances, computers, computer peripheral equipment and mobile phones. The Company mainly provides electronic products, petroleum equipment, gas equipment, cooling and heating machines, watches, cameras, measuring equipment, medical equipment, communication equipment, education equipment, office equipment, computers and mobile phones, and others. The Company is also involved in the general freight vehicle transportation business and electrical construction business.
K'S HOLDINGS CORPORATION 
