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Ridge-i and Nippon Seiki announce share buybacks
Ridge-i and Nippon Seiki announced share buybacks after the close of trading on the 17th. Ridge-i will repurchase up to 160,000 shares, equivalent to 3.6% of its outstanding shares excluding treasury stock, for a maximum of 450 million yen, with the buyback period running from September 24 to November 30. Nippon Seiki will repurchase up to 3.61 million shares, equivalent to 6.27% of its outstanding shares excluding treasury stock, for a maximum of 9.979 billion yen, through the Tokyo Stock Exchange's off-auction own share repurchase trading system ToSTNeT-3 on the morning of September 18.