Brief: SANSHIN ELECTRONICS buys back 9 mln shares; says shareholding structure change

Sanshin Electronics

12/06/2018 07:27

June 12 (Reuters) - SANSHIN ELECTRONICS Co Ltd  8150.T  :
      
    * Says it repurchased 9 million shares of its common stock
(30.74
percent stake) via takeover bid, during the period from May 15
to June 11
    * Acquisition price is 2,191 yen per share, and 19.72
billion yen
in total 
    * Settlement starts from July 3
    * Says stake held by the company's former second major
shareholder
Aya Nomura, who will become the top shareholder, will be changed
to 14.56 percent from 9.93 percent, effective on July 3 

    
    Source text in Japanese: https://goo.gl/15nquS ;
https://goo.gl/PvRWLT
    Further company coverage: 8150.T 

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