People, Dreams & Technologies Group Co., Ltd. announces an Equity Buyback for 200,000 shares, representing 2.22% for ¥300 million.
May 15, 2023 at 04:00 am
Share
People, Dreams & Technologies Group Co., Ltd. (TSE:9248) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 2.22% of its issued share capital for ¥300 million. The purpose of the program is improving capital efficiency and enhancing shareholder returns, as well as for use in restricted stock compensation, etc.
as an incentive for sustainable growth, and for future M&A. The program will be valid till September 22, 2023. As of March 31, 2023, the company had 9,009,082 issued shares (excluding treasury stock) and 406,918 shares of treasury stock.
CHODAI CO., LTD. is Japan-based company mainly engaged in the construction consulting business. The Company has three business segments. The Consulting segment is engaged in the research, planning, design and construction management of bridges and special construction objects, the design of civil engineering structures, the planning and design of comprehensive transport, city and region, the research, planning, design, operational administration and public management of rivers, the provision of information processing, system planning and design, software development, as well as information content development, operation and distribution services. The Services Provider segment is engaged in the operation of roads, public facilities and demand transportation systems, and the polluter pays principle (PPP) business. The Products segment is engaged in the sale of eco products and information systems, as well as the rental business and the application service provider (ASP) business.
PEOPLE, DREAMS & TECHNOLOGIES GROUP CO., LTD. 
