Techno Medica Co., Ltd. announces an Equity Buyback for 72,000 shares, representing 1.03% for ¥137.52 million.
February 07, 2024 at 02:00 am EST
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Techno Medica Co., Ltd. (TSE:6678) announces a share repurchase program. Under the program, the company will repurchase up to 72,000 shares, representing 1.03% of its issued share capital (excluding treasury stock), for a total purchase price of ¥137.52 million. The shares will be repurchased at a price of ¥1,910 per share.
The purpose of the program is to implement flexible capital policies in response to changes in the business environment. As of December 31, 2023, the company had 6,989,544 issued shares (excluding treasury stock) and 1,770,456 treasury shares.
Techno Medica Co., Ltd. is a Japan-based company mainly engaged in development, manufacture, sale and export of analysis device for clinical examination equipment and other medical equipment, as well as devices repair services. The blood collection tube preparation apparatus business provides blood collection peripheral equipment, such as blood and urine collection automation reception equipment, among others, as well as blood tube preparation systems. The laboratory test apparatus business provides blood gas analysis apparatus, electrolyte analyzers, erythrocyte sedimetation rate measuring machines, among others. The consumable goods business provides blood collecting tubes, labels, sensor cards, calibration packs, among others, as well as maintenance services.
TECHNO MEDICA CO., LTD. 
