Brief: Sankyo Co To Buy Back 20 Million Shares From Top Shareholder Marf Corp

Sankyo Co

06/08/2019 07:30

Aug 6 (Reuters) - Sankyo Co Ltd  6417.T :
    * TO BUY BACK 20 MILLION SHARES FROM TOP SHAREHOLDER MARF
CORP
    * MARF CORP WILL CONTINUE TO HOLD 8.346 MILLION SHARES IN
IT,
REMAIN TOP SHAREHOLDER
    * IN TOTAL WILL BUY BACK UP TO 22,000,100 SHARES FOR ABOUT
75
BILLION YEN
    * BUY BACK IS VIA TENDER OFFER AT 3,426 YEN PER SHARE

Source text for Eikon:  ID:nTSTF75fbb 
Further company coverage:  6417.T 

 (Reporting By Chris Gallagher)
 ((chris.gallagher@thomsonreuters.com;))