SAN-A CO.,LTD. announces an Equity Buyback for 1,300,000 shares, representing 4.07% for ¥5,193.5 million.
October 05, 2021 at 03:00 am EDT
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SAN-A CO.,LTD. (TSE:2659) announces a share repurchase program. Under the program, the company will repurchase up to 1,300,000 shares, representing 4.07% of its issued share capital (excluding treasury stock), for a total purchase price of ¥5,193.5 million. The purpose of the program is to enable the flexible execution of capital policies in response to changes in the business environment. As of August 31, 2021, the company had 31,971,976 issued shares (excluding treasury stock) and 9,678 treasury shares.
SAN-A CO., LTD. is mainly engaged in the retail business which provides clothing products, food products and living related products, as well as eating out business. The Company operates in two segments. The Retail segment is engaged in sales of food products, clothing products, housing related products and eating out business. The Convenience Store (CVS) segment is engaged in operation of franchise systems and direct stores of convenience stores under the name Lawson in Okinawa Prefecture. The other business is engaged in general freight trucking business, inspection / value-added / sorting work, and insurance agency business.
SAN-A CO.,LTD. 
