4Cs Holdings Co., Ltd. announces an Equity Buyback for 95,000 shares, representing 1.38% for ¥38 million.
November 19, 2018 at 03:30 am
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4Cs Holdings Co., Ltd. (TSE:3726) announces a share repurchase program. Under the program, the company will repurchase 224,000 shares, representing 3.26% of the outstanding shares for ¥134.4 million. Shares will be repurchased from Hiroyuki Osaka. The purpose of the program is to enable the implementation of a flexible management in response to changes in the business environment. The program will run until December 28, 2018. As of November 19, 2018, the company had 6,866,760 shares outstanding and 106,710 shares in treasury.
4Cs HD Co Ltd is a Japan-based company mainly engaged in mail order business, wholesale business, retail business, and hygiene consulting business. The Company operates through four segments. The Mail Order Business segment is mainly engaged in mail order sales of cosmetics, health foods, and femcare products. The Wholesale Business segment is mainly engaged in wholesale sales of cosmetics, health foods, and aroma-related products. The Retail Business segment is mainly engaged in retail sales of aromas and miscellaneous goods. The Hygiene Consulting Business segment is mainly engaged in comprehensive hygiene consulting, sales of hygiene-related products, and inspection business. The Company is also engaged in test marketing to determine the feasibility of new businesses.