2018_1q_omron_e
21/30 - Acquisition of Treasury Stock
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00:25:49.7
As a part of my focus on capital efficiency, I am announcing a share buyback program for a maximum amount of ￥20 billion. This was approved by the board today. We have set the ceiling in terms of number of shares at 5 million. The program will be terminated when we hit one of the two ceilings. The program will run for a year; we will be buying back shares over the course of this 12-month period. We will be flexible in buying back shares, taking a comprehensive view which factors in the level of cash on hand and the then-current share price.
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