Tranche Update on Valtes Co., Ltd.'s Equity Buyback Plan announced on November 12, 2021.
January 04, 2022 at 01:00 am EST
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From November 12, 2021 to December 31, 2021, the company has repurchased 112,900 shares, representing 1.63% for ¥148.99 million. With this, the company has completed the repurchase of 112,900 shares, representing 1.63% for ¥148.99 million under the buyback announced on November 12, 2021.
Valtes Holdings Co Ltd, formerly Valtes Co Ltd, is a Japan-based company mainly provides software testing services, web/mobile application development services, and offshore services. The Company operates through three segments. The Software Testing Services segment provides manufacturers and software vendor clients with effective testing services from a third-party neutral standpoint by accurately following up on a wide range of activities, including test planning, test design, test case creation, test execution, and test summary reports. The Web/Mobile Application Development Services segment provides web/mobile app development and web security diagnosis (vulnerability diagnosis) for web apps and mobile apps. In the Offshore Services segment, the Company's group company, VALTES Advanced Technology, Inc. provides testing services and contracted system development to support client companies in improving the quality of their products by sharing its know-how with group companies.