OSG Corporation Co., Ltd. announces an Equity Buyback for 150,000 shares, representing 3% for ¥130 million.
August 30, 2018 at 03:00 am EDT
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OSG Corporation Co., Ltd. (JASDAQ:6757) announces a share repurchase program. Under the program, the company will repurchase 150,000 shares, representing 3% of the outstanding shares, at ¥832 per share for up to ¥130 million. The purpose of the program is to enable the implementation of a flexible capital policy in response to changes in the business environment.
OSG CORPORATION CO.,LTD. is a Japan-based company engaged in manufacturing and sales of environmental and health-related equipment. The Company operates in four business segments. The Water-related Equipment segment provides water purifier, ionized alkaline water system equipment, sanitary control equipment, water cooler and water vending machine. The Maintenance segment is engaged provides interchange cartridges for water purifier and ionized alkaline water system equipment, as well as electrolysis liquid additives for soft oxidized processing equipment. The Home and Office Delivery (HOD) segment is engaged in the rental of water cooling and heating machines, as well as the provision of mineral water. The Others segment is engaged in the sale of household electrical therapy equipment, health food and healthy appliances.
OSG CORPORATION CO., LTD. 
