Brief: Daido Steel to repurchase 10 mln shares for 5 bln yen

Daido Steel

31/05/2016 07:23

May 31 (Reuters) - Daido Steel Co Ltd  5471.T :   
     
    * Says it will repurchase up to 10 million shares of its 
common stock, representing a 2.3 percent stake from June 1 to 
Aug. 19 
    * Share repurchase price is up to 5 billion yen in total 
 
     
     
    Source text in Japanese:https://goo.gl/mMXYS1 
    Further company coverage: 5471.T  
 
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Keywords: /BRIEF