Ichishin Holdings Co.,Ltd. announces an Equity Buyback for 580,000 shares, representing 5.53% for ¥236.64 million.
July 21, 2017 at 03:20 am EDT
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Ichishin Holdings Co.,Ltd. (JASDAQ:4645) announces a share repurchase program. Under the program, the company will repurchase 580,000 shares, representing 5.53% of the outstanding shares for ¥236.64 million. The purpose of the program is to enhance capital efficiency. As of July 21, 2017, the company had 10,484,298 shares outstanding and 120,590 shares in treasury.
ICHISHIN HOLDINGS CO.,LTD. is a Japan-based company mainly engaged in the education-related business. The Company is engaged in the operation of cram schools in Tokyo, Chiba, and Kanagawa for infants, elementary and junior high school students, and senior high school students. It is also engaged in the video business for corporations and the production and sale of content in the education and medical markets. It also manages and operates early childhood education business, schoolchild childcare business and residential type elderly nursing homes. The main cram school brands are ICHISHIN Gakuin, ICHISHIN Yobiko, Taro Juku, Tokyo Gakuen, Edo Culture Center, Ando Juku, MANA. The schoolchild care brands are Nanakara and Miraie International School. The nursing care business brands are Yuyuvillage Hamura and Yuyuvillage Akishima.
ICHISHIN HOLDINGS CO.,LTD. 