Career Design Center Co., Ltd. announces an Equity Buyback for 120,000 shares, representing 1.77% for ¥164.76 million.
July 31, 2017 at 08:20 am
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Career Design Center Co., Ltd. (TSE:2410) announces a share repurchase program. Under the program, the company will repurchase up to 120,000 shares, representing 1.77% of its share capital, at ¥1,373 per share for ¥164.76 million. The company will repurchase its shares in order to implement a flexible capital policy which responds to changes in the business environment, along with aiming to improve capital efficiency. As of March 31, 2017, the company had 6,794,190 shares outstanding (excluding treasury shares) and 260,210 shares in treasury.
Career Design Center Co Ltd is a Japan-based company mainly engaged in the provision of human resources services. The media information business is engaged in the operation of websites such as type and Woman type, and the holding of suitable fairs for mid-career customers. The new graduate media business is engaged in the publication of information magazines such as type shukatsu, and the holding of events for new graduates. The human resources introduction business is engaged in the provision of paid employment agency services. The new graduate introduction business is engaged in the provision of employment agency services for new graduates. The information technology (IT) dispatch business is engaged in the provision of dispatch services for IT workers.