According to a statement lodged with the Tokyo Stock Exchange (TSE), Japanese chain store operator Maruya will distribute 200,000 shares off-floor on the TSE.
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The shares will be distributed on 15 June at a price of JPY747 (US$6.50) per share. There will be no limit to the number of purchases per buyer.
The company said that the distribution will improve the spread and fluidity of Maruya shares.
