G-Factory Co.,Ltd. announces an Equity Buyback for 300,000 shares, representing 4.52% for ¥300 million.
March 13, 2018 at 06:51 am
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G-Factory Co.,Ltd. (TSE:3474) announces a share repurchase program. Under the program, the company will repurchase up to 300,000 shares, representing 4.52% of the outstanding shares, for ¥300 million. The purpose of the program is to enable the implementation of a flexible capital policy in response to changes in the business environment, to enhance capital efficiency and to improve shareholder returns. The program will be valid up to March 13, 2019. As of February 28, 2018, the company had 6,635,000 shares outstanding and 0 shares in treasury.
G-FACTORY CO., LTD. is a Japan-based company principally engaged in the provision of administrative support services for restaurants, as well as the operation of restaurants. The Company operates in two business segments. The Management Support segment is involved in the provision of housing information support services, interior facility support services, whole support services, as well as overseas operation package services, among others. The Restaurant segment is involved in the operation of the restaurants under the name Unatoto.
G-FACTORY CO.,LTD. 
