SHO-BOND Holdings Co.,Ltd. announces an Equity Buyback for 750,000 shares, representing 1.39% for ¥3,000 million.
August 10, 2021 at 02:00 am EDT
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SHO-BOND Holdings Co.,Ltd. (TSE:1414) announces a share repurchase program. Under the program, the company will repurchase up to 750,000 shares, representing 1.39% of its issued share capital for ¥3,000 million. The purpose of the program is to carry out capital policy of the medium-term management plan of June 2022 to June 2024. The program is valid till June 30, 2022. As of July 31, 2021, the company had 53,827,706 shares issued (excluding treasury stock) and 2,917,474 shares in treasury.
SHO-BOND Holdings Co.,Ltd. is a Japan-based holding company mainly engaged in the contracting, design and consulting for civil engineering and construction work. The Company is involved in the repairing and reinforcement work for public structures, as well as the sale of its products through its Domestic Construction segment. The Company is also involved in product manufacture business, construction material manufacture and sales business, mechanical joint manufacture and sales business, as well as overseas construction business, among others.