Heh, this is amusing as fuck
https://ssl4.eir-parts.net/doc/5032/ir_material1/232805/00.pdfSo, they bought back 2712000 shares with their 7.5 billion yen (46 million USD) meaning the bag their holding is at a price of 2765 yen per share.
Their stocks today closed at 2612 yen meaning they’re already down the hole to the tune of (2765-2612)*2712000 = 414,936,000 yen = approx 4.5 million USD(!).
I don’t know how they’ll account for that fiscally but they might as well have burn that cash because I don’t really think they achieved the intended result with that.
4.5M USD down the hole. Did Riku sell some of his shares? That would be the only explanation, a transfer from Anycolor coffers to his pocket
