Yutaka Shoji Co., Ltd. announces an Equity Buyback for 2,545,555 shares, representing 30.6% for ¥1,400.06 million.
December 20, 2019 at 01:30 am EST
Share
Yutaka Shoji Co., Ltd. (JASDAQ:8747) announces a share repurchase program. Under the program, the company will repurchase 2,545,555 shares, representing 30.6% of the outstanding shares for ¥1,400.06 million. The program will run until January 27, 2020. As of December 20, 2019, the company had 8,319,343 shares outstanding and 578,129 shares in treasury.
Yutaka Trusty Securities Co Ltd, formerly as Yutaka Shoji Co Ltd is a Japan-based company mainly engaged in the commodity futures trading business and training facilities management business. The commodity futures trading business is engaged in the consignment and self-sales services for listed products such as general soybeans, corn, gold, platinum, gasoline, and rice from each commodity exchange. The Company is also engaged in the consignment and self-trading operations for the Tokyo Stock Exchange's exchange stock index margin trading Click 365 and margin trading Click 365. The real estate management business is engaged in the management business for training facilities.
YUTAKA TRUSTY SECURITIES CO., LTD. 
