MIYAJI ENGINEERING GROUP, INC. (JP:3431) has released an update.
MIYAJI ENGINEERING GROUP, INC. has announced a plan to acquire up to 350,000 of its own shares to improve capital efficiency and enable flexible capital policy amid changing business conditions. The repurchase will take place through the Tokyo Stock Exchange’s ToSTNeT-3 system at the closing price of ¥4,270 on August 7, 2024. This move represents 2.6% of the total issued shares, excluding treasury shares, with a maximum cost of ¥1,494,500,000.
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