Seikitokyu Kogyo Completes Restricted Share Repurchase for 51.6 million

TOKYO, Jul 17 (Pulse News Wire) – Seikitokyu Kogyo CO.,LTD. (1898.T) completed the repurchase of restricted shares .

The repurchase involved 35,700 ordinary shares at a price of ¥1,444 per share, totaling ¥51.6 million. The shares were transferred to four non-executive directors and thirteen executive officers who do not serve as directors.

Details of the transaction were previously disclosed in a June 23 press release following approval by the board of directors held on the same day. This action concludes the process initiated in June, marking a significant internal restructuring step for the company.