Ryoyo Electro Corporation announces an Equity Buyback for 7,357,900 shares, representing 29.81% for ¥22,000.12 million.
August 31, 2020 at 03:00 am EDT
Ryoyo Electro Corporation (TSE:8068) announces an share repurchase program. Under the program the company will repurchase 7,357,900 shares, representing 29.81% of the outstanding shares for ¥22,000.12 million. The program will run until November 30, 2020. As of August 28, 2020, the company had 24,681,427 shares outstanding and 2,118,573 shares in treasury.