TAC Co.,Ltd. announces an Equity Buyback for 400,000 shares, representing 2.16% for ¥81.2 million.
November 15, 2022 at 02:30 am
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TAC Co.,Ltd. (TSE:4319) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 2.16% of its share capital, for ¥81.2 million. The shares will be repurchased at a price of ¥203 per share.
The purpose of the program is to enable the execution of a flexible capital policy in response to changes in the business environment. The program will expire on November 16, 2022. As of September 30, 2022, the company had 18,503,932 shares in issue (excluding treasury stock) and 68 shares in treasury.
TAC CO., LTD. is primarily engaged in providing educational services. The Individual Education segment provides exam preparation for certification examinations such as certified public accountant, tax account, real estate appraiser, certified social insurance labor consultant, securities analyst, information technology engineer and others. The Corporate Training segment is engaged in providing training and courses on certification acquisition and others for corporations, colleges, vocational schools, accounting firms and others, in providing study materials and consulting service, in selling tax filling software, in deploying partner schools and other business. The Publishing segment is engaged in publishing a lineup of educational books. The Human Resources segment is engaged in providing personnel placement and staffing services, and operating job site over the Internet.
TAC CO.,LTD. 