Hokuyaku Takeyama Holdings,Inc. announces an Equity Buyback for 700,000 shares, representing 3.02% for ¥560 million.
June 29, 2021 at 03:00 am
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Hokuyaku Takeyama Holdings,Inc. (SPSE:3055) announces a share repurchase program. Under the program, the company will repurchase up to 700,000 shares, representing 3.02% of its issued share capital (excluding treasury shares), at ¥800 per share for ¥560 million. The company will repurchase its shares in order to enable the implementation of a flexible capital policy which responds to changes in the business environment. The plan is valid till June 30, 2021. As of May 31, 2021, the company had 23,168,117 shares outstanding (excluding treasury shares) and 1,231,883 shares in treasury.
HOKUYAKU TAKEYAMA Holdings,Inc. is a Japan-based holding company engaged in the wholesale of pharmaceuticals and medical equipment. The Company operates through six business segments. The Pharmaceuticals segment is engaged in the sales of pharmaceuticals for medical use, general pharmaceuticals and medical drugs for agriculture and livestock farming uses. The Medical Equipment segment is engaged in the wholesale of medical equipment. The Dispensing segment is engaged in the operation of dispensing pharmacies. The Nursing Care segment is engaged in the rental and sales of nursing care products. The Information and Communication Technology (ICT) segment is engaged in the entrusted development and sales of computer software and the entrusted accounting business. The Others segment is engaged in the insurance agency business, supply processing and distribution (SPD) business, as well as the provision of support services for new opening.
HOKUYAKU TAKEYAMA HOLDINGS,INC. 