TOKYO, May 27 (Pulse News Wire) – Koryojyuhan CO.,LTD. (3495.T) completed its share repurchase program on May 27, acquiring 1,480,000 shares for a total amount of ¥148.90 million.
The repurchase was conducted through the Tokyo Stock Exchange's ToSTNET-3 system outside of trading hours. The purpose of the repurchase includes preparing shares for future restricted stock awards and enhancing capital efficiency in response to changing business environments.
According to the resolution made during the board meeting held on May 26, the company aimed to acquire up to 1,480,000 ordinary shares with a total value cap of ¥148.90 million. The acquisition concluded as planned, marking the end of the repurchase program initiated based on the board’s decision.
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