HIMACS, Ltd. announces an Equity Buyback for 170,000 shares, representing 1.74% for ¥209.78 million.
November 09, 2020 at 07:30 am
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HIMACS, Ltd. (TSE:4299) announces a share repurchase program. Under the program, the company will repurchase 170,000 shares, representing 1.74% of its share capital, at ¥1,234 per share for ¥209.78 million. The company will repurchase its shares in order to enable the implementation of a flexible capital policy in response to changes in the business environment, and improve capital efficiency. As of November 6, 2020, the company had 9,787,328 shares outstanding (excluding treasury shares) and 2,625,664 shares in treasury.
HIMACS, Ltd. is a Japan-based company mainly engaged in the provision of value solution services. The Company mainly provides value-added solutions for computer and software systems. The Company provides two types of services. The system solution service is engaged in the provision of consulting services, the design, development, testing and implementation of operation systems. The system maintenance service is engaged in the provision of maintenance services for systems after operation.
HIMACS, LTD. 
