EBASE Co.,Ltd. announces an Equity Buyback for 625,000 shares, representing 1.38% for ¥500 million.
May 15, 2024 at 08:00 am
Share
eBASE Co.,Ltd. (TSE:3835) announces a share repurchase program. Under the program, the company will repurchase up to 625,000 shares, representing 1.38% of its total shares outstanding excluding treasury shares, for a total of ¥500 million. The purpose of repurchase program is to maintain a flexible capital policy that responds to changes in the business environment and a dividend payout ratio while achieving a higher level of shareholder returns.
The repurchase program is valid till May 15, 2025. As of March 31, 2024, the company had 45,448,543 shares outstanding excluding treasury shares and had 1,716,257 shares in treasury.
eBASE Co Ltd is a Japan-based company mainly engaged in the eBASE business and eBASE-PLUS business. It operates through two segments. The eBASE segment is engaged in the development and sale of package software, the development and sale of content management software customized for each customer using the content management system (CMS) development platform middleware eBASE, the development and sale of cloud business using eBASE, and the operation of data pool services. It is also engaged in the construction, operation, planning and production of personal computer (PC) sites and mobile sites, as well as system development. The eBASE-PLUS segment is engaged in the information technology (IT) development outsourcing business, including technical support, center machine operation management, contract development of the content management software eBASE, contract operation, contract server maintenance, consulting, system integration services, and system management services.
EBASE CO.,LTD. 
