Toubujyuhan Co.,Ltd. announces an Equity Buyback for 50,000 shares, representing 1.84% for ¥50 million.
April 27, 2020 at 03:30 am
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Toubujyuhan Co.,Ltd. announces a share repurchase program. Under the program, the company will repurchase 50,000 shares, representing 1.84% of its share capital, at ¥861 per share for ¥50 million. The company will repurchase its shares in order to secure treasury shares to be delivered to its recipients based on the shares compensation plan to be implemented in the future. As of November 30, 2019, the company had 2,711,940 shares outstanding (excluding treasury shares) and 460 shares in treasury.
Toubujyuhan Co.,Ltd. is a Japan-based company primarily engaged in real estate related business. The Company provide used real estate for reformed detached houses. It has four business segments. The Real Estate Trading segment involves in the sale of properties owned by the Company, and the brokerage sale of properties owned by others. The Real Estate Rental segment involves in the brokerage sale and rental management business of properties owned by other companies, as well as the sale of properties owned by the Company. The Real Estate-related segment involves in the contracting of remodeling of properties, agency sale of insurance such as fire insurance, as well as real estate-related goods sale through Internet. The Others segment involves in the sale of welfare related goods, the provision of equipment rental, silver renovation construction contracting and others.
TOUBUJYUHAN CO.,LTD. 
