Shikoku Kasei Holdings (TYO:4099) repurchased 1.5 million shares for 2.79 billion yen through the Tokyo Stock Exchange's off-auction ToSTNeT-3 system on Monday, according to a same-day filing on the Tokyo Stock Exchange.
The buyback price was 1,914 yen per share.
Nisshinbo Holdings, previously the largest shareholder, sold its entire stake in the buyback, reducing its ownership to 9.52% from 12.47%. Shikoku Kyoueikai, a shareholder association of the firm's business partners, has become the largest shareholder with a 10.73% stake.
Price (JPY): $1886.00, Change: $-28, Percent Change: -1.46%
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