Career Design Center Co., Ltd. announces an Equity Buyback for 40,000 shares, representing 0.57% for ¥40.92 million.
July 28, 2016
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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 40,000 shares, representing 0.57% of the shares outstanding excluding treasury shares, at a price of ¥3,110 per share, for a total of ¥40.92 million. The company will consign the purchases in the Off Auction Own Share Repurchase Trading system (ToSTNeT-3) of the Tokyo Stock Exchange. The purpose of the repurchase program is to improve capital efficiency, and to implement a flexible capital policy in response to changes in the business environment. Repurchases will be in accordance with the regulations of Article 156 of the Companies Act, which is applied by replacing the regulations of Article 165 Paragraph 3 of the same Act. As of March 31, 2016, the company had 7,054,400 shares outstanding excluding treasury shares and had 220,200 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.
CAREER DESIGN CENTER CO., LTD. 
