HIRAYAMA HOLDINGS Co., Ltd. announces an Equity Buyback for 30,000 shares, for ¥76 million.
December 20, 2021 at 01:35 am EST
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HIRAYAMA HOLDINGS Co.,Ltd. (JASDAQ:7781) announces a share repurchase program. Under the program, the company will repurchase up to 30,000 shares, representing 0.83% of its issued share capital (excluding treasury stock), for a total purchase price of ¥76 million. The purpose of the program is to improve capital efficiency, implement agile capital policies and enhance the return of profits to our shareholders.
The program will continue through June 30, 2022. As of September 30, 2021, the company had 3,608,400 issued shares (excluding treasury stock) and 183,870 treasury shares.
HIRAYAMA HOLDINGS Co.,Ltd. is a Japan-based company mainly engaged in outsourcing business and technology staffing business. The In-sourcing / Dispatch business is mainly engaged in operation of manufacturing contract, manufacturing dispatch and recruitment business in the manufacturing process of medical devices and pharmaceuticals, transport equipment, housing equipment, food related products and others. Technician dispatch business is mainly engaged in dispatching its employees to engineering field companies. Overseas business is mainly engaged in overseas dispatching business. Other businesses mainly include services provided by the education department and consulting department.