Access Group Holdings Co., Ltd. announces an Equity Buyback for 30,000 shares, representing 2.46% for ¥30 million.
November 13, 2019 at 02:00 am EST
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Access Group Holdings Co., Ltd. (JASDAQ:7042) announces a share repurchase program. Under the program, the company will repurchase 30,000 shares, representing 2.6% of the outstanding shares for ¥30 million. The purpose of the program is to enable the implementation of a flexible capital policy in response to changes in the business environment. The program will run until February 13, 2020. As of September 30, 2019, the company had 1,219,800 shares outstanding and 0 shares in treasury.
ACCESS GROUP HOLDINGS CO., LTD. is mainly engaged in the promotion, recruitment public relations and school public relations business. The Promotion segment operates business specializing in sales promotion. The segment offers products and services in housing, senior residential facilities, advertising agencies, apparel, food, public institutions, travel, car sales and cable television industries, operates direct promotion. The Recruitment Public Relations segment provides employment information of client companies to students and young people and holds joint company briefing sessions and seminars. The segment also engages in the planning and production of company guidance, provision of service agency services and personnel introduction. The School Public Relations segment provides comprehensive support for educational institutions, holds joint briefing sessions for foreign students and Japanese examinees and provides information on the website.