SAN Holdings, Inc. announces an Equity Buyback for 200,000 shares, representing 1.84% for ?300 million.
November 11, 2021 at 02:00 am
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SAN Holdings, Inc. (TSE:9628) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 1.84% of its issued share capital for ?300 million. The purpose of the program is to enhance the return of profits to shareholders, improve capital efficiency, and implement agile capital policies in response to changes in the business environment. The program is valid till March 24, 2022. As of October 31, 2021, the company had 10,864,699 shares issued (excluding treasury stock) and 1,299,317 shares in treasury.
San Holdings Inc(Tokyo) is a Japan-based holding company mainly engaged in the provision of funeral services. The Company operates in four business segments. The Public Utility Group segment is operated in the Kansai area and the Tokyo metropolitan area, provides customers with funeral services. The Funeru Group segment provides funeral services, including associated products and services in Tottori. The Tarui Group segment provides customers with funeral services, including associated products and services in Hyogo Prefecture. The Holding Company Group segment leases real estate such as funeral halls and leases offices and parking lots.
SAN HOLDINGS, INC. 
