Hiraga Co.,Ltd. announces an Equity Buyback for 941,600 shares, representing 23.45% for ¥397.36 million.
March 25, 2020 at 07:30 am
Share
Hiraga Co.,Ltd. (JASDAQ:7863) announces a share repurchase program. Under the program, the company will repurchase 941,600 shares, representing 23.45% of its share capital, at ¥422 per share for ¥397.36 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. As of March 25, 2020, the company had 4,015,585 shares outstanding (excluding treasury shares) and 332,200 shares in treasury.
HIRAGA CO., LTD. is engaged in the sale promotion-related business. The Company is engaged in comprehensive printing business, sales promotion, planning and management of sales promotion management system, digital marketing of WEB and social networking service (SNS). The Company is also providing service including flyers printing, sticker printing, store sales promotion, sorting, packing, management, delivery, material printing, reservation systems, inventory management systems, campaign systems, digital flyers, novelty seal promotion, and LINE official account opening and operation support.