CSS Holdings,Ltd. announces an Equity Buyback for 100,000 shares, for ¥27.8 million.
June 28, 2021 at 03:00 am
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CSS Holdings,Ltd. (JASDAQ:2304)announces a share repurchase program. Under the program, the company will repurchase 100,000 shares, representing 1.17% of its share capital (excluding treasury stock), at ¥278 per share, for ¥27.8 million. The company will repurchase its shares in order to carry out future agile capital policies with a view to future M&A for sustainable improvement of corporate value and utilization in alliances in response to the business environment. The program will run until June 29, 2021. As of March 31, 2021, the company had 85,370 shares outstanding (excluding treasury shares) and 5,200,230 shares in treasury.
CSS Holdings, Ltd. is mainly engaged in the stewardship, food service and space production businesses. The Company operates in three business segments. The Steward segment is engaged in dishwashing business, the pot washing business, garbage collection and transportation business and kitchen cleaning business. The Food Service segment provides welfare facilities such as employee canteens, lunch management and nutrition management business at schools and social welfare corporations, lunch meals mainly for elderly welfare facilities and construction site offices. The Space Production segment is engaged in the planning and proposal of peripheral equipment, import and wholesale of professional audio equipment, the construction, management, and maintenance of systems such as sound, video, and lighting, security systems such as surveillance cameras, and communication systems. The Company is also engaged in general affairs, human resources and accounting management businesses.
CSS HOLDINGS,LTD. 
