Nihon Enterprise Co.,Ltd. announces an Equity Buyback for 480,000 shares, representing 1.18% for ¥153.6 million.
January 31, 2018 at 07:45 am
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Nihon Enterprise Co.,Ltd. (TSE:4829) announces a share repurchase program. Under the program, the company will repurchase up to 480,000 shares, representing 1.18% of its share capital, for ¥153.6 million. The company will repurchase its shares as part of its flexible capital policy which responds to changes in the business environment. The share repurchase program will run until February 2, 2018. As of November 30, 2017, the company had 40,567,200 shares outstanding (excluding treasury shares) and 0 shares in treasury.
Nihon Enterprise Co Ltd is a Japan-based company engaged in the creation business and the solution business. The Company operates in two business segments. The Creation segment is engaged in the provision of content services such as smartphone application services, the provision of business support services such as business applications, traffic information cloud services, education cloud services, tourism cloud services and procurement cloud services, mobile kitting and voice solutions, as well as the solar power generation business. The Solution segment is engaged in the provision of system development and operation services such as applications development, Web construction, servers construction, system development, operation and monitoring services, debugging services and user support services.
NIHON ENTERPRISE CO.,LTD. 