Cyberlinks Co., Ltd. announces an Equity Buyback for 200,000 shares, representing 1.92% for ¥300 million.
May 21, 2021 at 07:30 am
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Cyberlinks Co., Ltd. (TSE:3683) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 1.92% of its issued share capital (excluding treasury stock), for a total purchase price of ¥300 million. The purpose of the program is to flexibly implement capital policies and improve capital efficiency in response to changes in the business environment. The program will be valid till September 30, 2021. As of April 30, 2021, the company has 10,406,372 issued shares (excluding treasury stock) and 19,120 treasury shares.
CYBERLINKS CO.,LTD. is principally engaged in the provision of cloud services. The Company provides cloud services to reduce information technology (IT) costs and support operation efficiency through two business segments. IT Cloud segment focuses on the provision of mission-critical systems for food distributors and government offices. This segment provides a variety of cloud services, including the development, implementation, maintenance and operational support of systems. Mobile Network segment focuses on the sale of mobile communications equipment in stores. This segment mainly sells smart phones, mobile phones and data cards to corporate and individual customers, and provides fee consulting, repair and maintenance services to its customers. On August 1, 2014, it completed acquisition of softwares regarding POS data analysis, SEIL MD-Pro, SEIL LSP, SEIL Navi, SEIL MD Go! and SEIL Shopperâs Sight (SEIL ID-LINK) from a Japan-based company and started new SEIL Series services.
CYBERLINKS CO., LTD. 
