World Holdings Co (TYO:2429) said it completed a 601.2 million yen share buyback, repurchasing 250,000 common shares, according to a Friday filing on the Tokyo Stock Exchange.
The Japan-based company said that the repurchase, completed the same day, was conducted through the Tokyo Stock Exchange's ToSTNeT-3 off-auction trading system.
The company board on Thursday authorized the 649.3 million yen share buyback to repurchase 270,000 common shares, equivalent to 1.5% of outstanding shares excluding treasury stock.