Connectivity

Sky Perfect JSAT Announces Share Buyback

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[Satellite Today 01-06-09] Sky Perfect JSAT has acquired a number of its own shares, the company announced Jan. 5.
    The company acquired more than 13,500 shares in December at a cost of 568.8 million Japanese yen ($6.2 million).
    The acquisitions were part of a plan approved by the board Dec. 3 that authorized 1.6 billion yen ($17.2 million) to repurchase up to 40,000 shares, or 1.2 percent, of the company’s outstanding stock.

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