System Information Co.,Ltd. announces an Equity Buyback for 330,000 shares, representing 1.39% for ¥396.66 million.
August 09, 2019 at 08:00 am
System Information Co.,Ltd. (TSE:3677) announces a share repurchase program. Under the program, the company will repurchase 330,000 shares, representing 1.39% of the outstanding shares, at ¥1,202 per share for ¥396.66 million. The purpose of the program is to enable the implementation of a flexible capital policy in response to changes in the business environment. As of August 9, 2019, the company had 23,672,000 shares outstanding and 0 shares in treasury.