BML completes 5.4bn yen share buyback and cancellation

BML Inc completed acquisition of 1.5 million common shares for 5.4 billion yen, representing 4% of total issued shares. The company will cancel all acquired shares on September 12.

The buyback was executed via off-auction repurchase, with the board having initially authorized acquisition of up to 1.7 million shares for a maximum 5.9 billion yen.