Kayak buys 700,000 shares and up to 390 million yen in off-the-stand transactions... From the representative director to buy, liquidity improvement and compensation to the management of the acquired company
On this day (November 26), Kayak announced that it would acquire 700,000 shares and 391.3 million yen, equivalent to 4.3% of the total number of issued shares. At today's closing price of 559 yen per share, it will be acquired at the Tokyo Stock Exchange's off-the-counter closing transaction (ToSTONeT-2) tomorrow, November 27, 8:45. The company said that the reason for the acquisition was that it was a consideration for the management members of the company that will become friends in M&A....
The linked article is in Japanese.
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