Management Solutions co.,Ltd. announces an Equity Buyback for 300,000 shares, representing 5.42% for ¥250 million.
March 19, 2020 at 02:30 am
Management Solutions co.,Ltd. (TSE:7033) announces a share repurchase program. Under the program, the company will repurchase 300,000 shares, representing 5.42% of its share capital, for ¥250 million. The company will repurchase its shares in order to implement a flexible capital policy in response to changes in the business environment. The program will run until May 29, 2020. As of January 31, 2020, the company had 5,532,300 shares outstanding (excluding treasury shares) and 149 shares in treasury.