Toho System Science Co., Ltd. announces an Equity Buyback for 80,000 shares, representing 0.66% for ¥73.6 million.
November 16, 2020 at 02:20 am EST
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Toho System Science Co., Ltd. (TSE:4333) announces a share repurchase program. Under the program, the company will repurchase up to 80,000 shares, representing 0.66% of its share capital for ¥73.6 million. The shares will be repurchased at ¥920 per share. The company will repurchase its shares in order implement agile capital policies in response to changes in the business environment.
TOHO SYSTEM SCIENCE CO.,LTD. is a Japan-based company mainly engaged in the software development and computer operation management. The Company operates through two business segments. The Software Development segment is engaged in the development of software for financial users such as insurance corporations, securities corporations and banks, as well as for communication industry. The Information System Service segment is involved in the operation and management of users' computers.