Space Co.,Ltd. announces an Equity Buyback for 73,600 shares, representing 0.3% for ¥100 million.
May 10, 2022 at 02:00 am EDT
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Space Co.,Ltd. (TSE:9622) announces a share repurchase program. Under the program, the company will repurchase up to 73,600 shares, representing 0.29% for ¥100 million. The purpose of the program is to carry out agile capital policy in response to changes in the business environment.
The program will run until June 23, 2022. As of March 31, 2022, the company had 24,606,851 shares outstanding and 1,993,468 shares in treasury.
SPACE CO., LTD. is mainly engaged in the environmental production, exhibition and display of commercial facilities, as well as the planning, development, design, supervision, and construction of cultural and sports facilities, complex commercial facilities, corporate identity (CI) and graphics. The Company operates Display business. The Company provides interior and exterior works, event and exhibition works, architectural work, maintenance work, planning, design and interior supervision service. By market segment, the Company includes complex commercial facilities and general supermarkets, food supermarkets and convenience stores, various specialty stores, restaurants and services.